Investing.com -- U.S. President Donald Trump reaffirmed his commitment to implementing reciprocal tariffs on other countries on Thursday. In addition, he announced an increase of his existing tariffs on China by an additional 10%, which would bring the total tariff rate to 20%.
During a press conference at the White House, Trump highlighted the tough trade stance of the European Union towards the United States. When questioned about the possibility of tariffs on Mexico and Canada, he responded by expressing his dissatisfaction with the lack of progress on drug trafficking issues.
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