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Trump Confirms Intention to Impose Tariffs on EU

President Donald Trump has announced that tariffs will indeed be imposed on the European Union, without specifying the rates or implementation dates. Previous tariffs on steel and aluminum in 2018 triggered retaliatory measures from the EU impacting diverse American exports. The White House has verified that tariffs targeting Mexico, Canada, and China will be enforced on February 1, with the goal of tackling illegal fentanyl and immigration concerns. Critics caution that these tariffs may increase prices for American consumers and potentially damage the economy.