Mexico | Pakistan

United States President Donald Trump on Saturday imposed a 30 per cent tariff on imports from Mexico and the European Union beginning on August 1 after weeks of negotiations with the key trading allies failed to reach a more comprehensive trade deal. The fresh tariffs were announced in separate letters posted on Truth Social on Saturday. Earlier this week, Trump issued new tariff announcements for a number of countries, including Japan, South Korea, Canada and Brazil, as well as a 50pc tariff on copper. The EU had hoped to reach a comprehensive trade agreement with the US for the 27-country bloc. It had been bracing for the letter from Trump outlining his planned duties on the United States’ largest trade and investment partner after a broadening of his tariff war in recent days. The EU initially hoped to strike a comprehensive trade agreement, including zero-for-zero tariffs on industrial goods, but months of difficult talks have led to the realisation that it will probably have to settle for an interim agre...

Mexican President Claudia Sheinbaum said on Saturday that she had rejected an offer from United States President Donald Trump to send American troops to Mexico to help combat drug trafficking. “I told him, ‘No, President Trump, our territory is inviolable, our sovereignty is inviolable, our sovereignty is not for sale,’” she said at a public event, referring to a recent report in The Wall Street Journal that described a tense exchange between the leaders. During the recent call, Sheinbaum said, Trump had asked how he could help fight organised crime and suggested sending troops. She said she declined, telling him that “we will never accept the presence of the United States Army in our territory”. Sheinbaum said she offered to collaborate, including through greater information-sharing. Trump himself said in an interview last week with conservative outlet The Blaze that he had offered to help Mexico fight the drug cartels, but that he had been turned down. Without providing details, Trump told his interviewer: ...