Trump tariffs: How Germany, France, Spain reacted to 30% rate threat; Macron calls on EU to ‘defend European interests’

News Snapshot:

US President Donald Trump on Saturday intensified the tariff trade war even further by threatening to impose a 30 per cent tariff on imports from Mexico and the European Union starting on August 1. In an escalation of the trade war that has angered US allies and rattled investors, Trump announced the latest tariffs in separate letters to European Commission President Ursula von der Leyen and Mexico’s President Claudia Sheinbaum posted on Truth Social. Both the EU and Mexico responded by calling the tariffs unfair and disruptive while pledging to continue to negotiate with the US for a broader trade...