President Donald Trump announced that the European Union and Mexico will face a 30% tariff on imports to the US from August 1. He warned of even higher import taxes if either trading partner retaliates. The announcement was made in two letters posted on Trump's Truth Social website, following similar letters sent to several other countries this week. The 27-member EU, America's biggest trading partner, had hoped to agree a deal with Washington before August 1.
Trump says EU and Mexico face 30% tariff from August
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TL;DR: Key points with love ❤️President Donald Trump announced that the European Union and Mexico will face a 30% tariff on imports to the US from August 1. He warned of even higher import taxes if either trading partner retaliates. The announcement was made in two letters posted on Trump's Truth Social website, following similar letters sent to several other countries this week. The 27-member EU, America's biggest trading partner, had hoped to agree a deal with Washington before August 1.
Trending- 1 Earlier this week: Similar letters sent to several other countries
- 2 Earlier this week: EU hoped to agree a deal with Washington
- 3 Saturday (July 12, 2025): Trump announces 30% tariffs on EU and Mexico
- 4 August 1: Tariffs become effective
- Potential for higher import taxes if retaliation occurs
- Increased trade tensions with EU and Mexico
- Disruption of trade relations
What: President Donald Trump announced 30% tariffs on imports from the European Union and Mexico.
When: Saturday (July 12, 2025), effective August 1.
Where: United States (announcement), impacting imports from European Union and Mexico.
Why: To address trade imbalances and potentially as a punitive measure, with a warning against retaliation.
How: Announced via two letters posted on Trump's Truth Social website.