UPDATE

Trump announces 30% tariffs against EU, Mexico from August 1

Earlier this week, Trump also unveiled new tariff measures targeting several countries

Last updated:
1 MIN READ
Both sets of duties would take effect August 1, Trump said in separate letters posted to his Truth Social platform, citing Mexico's role in illicit drugs flowing into the United States and a trade imbalance with the EU respectively.
Both sets of duties would take effect August 1, Trump said in separate letters posted to his Truth Social platform, citing Mexico's role in illicit drugs flowing into the United States and a trade imbalance with the EU respectively.

US President Donald Trump on Saturday announced he's levying tariffs of 30% against the European Union and Mexico.

Trump announced the tariffs on two of the United States' biggest trade partners in letters posted to his social media account.

In his letter to Mexico's leader, Trump acknowledged that the country has been helpful in stemming the flow of undocumented migrants and fentanyl into the United States.

But he said the country has not done enough to stop North America from turning into a “Narco-Trafficking Playground.”

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