U.S. President Donald Trump declared a full-scale trade war with the European Union on Saturday, imposing 30 percent tariffs on the bloc.
In a letter sent to European Commission President Ursula von der Leyen, Trump said: “Starting on August 1, 2025, we will charge the European Union a Tariff of only 30 percent on EU products sent into the United States, separate from all Sectoral Tariffs.”
The president added: “If for any reason you decide to raise your Tariffs and retaliate, then, whatever the number you choose to raise them by, will be added onto the 30 percent that we charge.”
The Commission has been contacted for comment.
This story is being updated.
