Trump Expected to Send EU Tariff Letter Within Two Days

President Donald Trump has announced that he will soon send a letter to the European Union outlining new tariffs on their exports to the United States, continuing his aggressive trade policy. While Trump acknowledged that the EU has recently been cooperative in trade negotiations, he warned that the letter would signal a firm deal and could impose tariffs ranging from 10% to 70%, with payments due by August 1. This move follows similar tariff letters sent to countries including Canada, Japan, and South Korea, with Canada facing an increase to 35%. Trump's tariff threats come amid tensions over past trade practices and ongoing disputes, including threats of steep duties on copper and other materials. European businesses are bracing for potential disruptions across various sectors, such as automotive and agriculture, as the threat of escalating tariffs looms. Despite Trump's claims of improved relations with the EU, the situation remains volatile due to his history of delays and unpredictable trade decisions.