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Trade war explainer: Donald Trump threatens 20%–50% tariff on 23 nations along with EU, Mexico- check full list

IndiaTimes Sunday, 13 July 2025
Donald Trump has threatened major trade partners with new import tariffs, ranging from 20% to 50%, demanding individual trade deals by August 1. The EU and Mexico have condemned the proposed tariffs as unfair, while expressing willingness to negotiate. Trump cites trade deficits and fentanyl concerns as justification, despite data showing most fentanyl enters the US from Mexico.
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Video Credit: Oneindia - Published
News video: U.S Escalates Global Trade War: Trump Hits Canada With 35% Tariff, Warns Allies of Harsher Measures

U.S Escalates Global Trade War: Trump Hits Canada With 35% Tariff, Warns Allies of Harsher Measures 00:22

 U.S Escalates Global Trade War: U.S. President Donald Trump has announced a sweeping 35% tariff on Canadian imports starting August 1st — warning that the rate will increase if Canada retaliates. In a fiery letter sent to Canadian PM Mark Carney via social media, Trump doubled down on his...

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