PANews July 13 news, according to Jin Shi reports, analysts are concerned about the economic and diplomatic consequences of U.S. President Trump's threat to impose a 30% tariff on goods imported from Mexico and the EU starting August 1. Mary Lovely, a senior researcher at the Peterson Institute for International Economics, warned that Trump's tariffs will lead to price increases and unemployment at the appropriate time, while Allen Sykes from Stanford Law School expressed concern about whether the U.S. can be seen as a credible party in future negotiations.
