Trump unveils 30 percent tariff for EU, Mexico
Share this @internewscast.com

(The Hill) — On Saturday, President Trump declared that his administration will impose a 30 percent tariff on products imported from Mexico and the European Union, starting on August 1. This move targets two of the United States’ major trading partners.

Trump shared individual letters on Truth Social with Mexican President Claudia Sheinbaum Pardo and European Commission President Ursula von der Leyen, notifying them about the new tariff rates.

In his correspondence with Sheinbaum Pardo, Trump mentioned the influx of fentanyl over the southern border as the initial reason for a previous 25 percent tariff on Mexican goods earlier in the year.

“Mexico has been helping me secure the border, BUT, what Mexico has done, is not enough,” the president wrote.

The U.S. had previously imposed a 25 percent tariff on Mexican goods, though Trump later exempted products covered under the 2020 trade agreement struck between the U.S., Canada and Mexico. It’s unclear whether those exemptions will still apply as of Aug. 1.

The letter to von der Leyen was focused on trade concerns. Trump has in the past claimed the European Union has long been unfair to the U.S. and claimed that the bloc of nations was created to “screw” America.

“We have had years to discuss our Trading Relationship with The European Union, and have concluded that we must move away from these long-term, large, and persistent, Trade Deficits, engendered by your Tariff, and Non-Tariff, Policies and Trade Barriers,” the president wrote.

U.S. Census Bureau data shows that Mexico has been the top trading partner with the U.S. so far this year. EU members like Germany, Italy, France and the Netherlands were also among the top 15.

Trump this week has posted letters to social media sent to more than a dozen countries vowing to impose steep tariffs on their imports starting Aug. 1. Those tariffs are set to go into effect after an initial round of duties unveiled in April were paused for 90 days to allow time for negotiations.

But the U.S. has only brokered a trade agreement with the United Kingdom in that time and announced the framework of deals with China and Vietnam.

Share this @internewscast.com
You May Also Like

“Community Comes Together for Heartwarming Gala in Urbana: ‘It Reminds Us We’re Not Alone'”

URBANA, Ill. (WCIA) — Participants gathered to raise awareness and funds for…

Adorable Newborn Giraffe Arrives at Paris Zoo

Internet Explorer 11 is no longer supported. For the best experience, please…

Greeneville Hosts Event to Commemorate Hurricane Helene

GREENEVILLE, Tenn. (WJHL) — Residents gathered in Greeneville on Monday for a…

CEMA Keeps an Eye on Imelda Amid Rising Hurricane Threats

In Chatham County, Ga., Imelda is intensifying in the Atlantic Ocean and…

Conflict in Gaza: A Simplified Resolution or a Challenging Path

IE 11 is not supported. For an optimal experience visit our site…

Free Vaccination and Adoption Events Hosted by One Love Animal Rescue

SAVANNAH, Ga. () — One Love Animal Rescue is hosting two pet…

Judge Halts Trump Administration’s Proposal to Cut Numerous Voice of America Positions

WASHINGTON – On Monday, a federal judge decided to temporarily halt the…

Oregon Opposes Trump’s National Guard Deployment

() The state of Oregon is fighting back against the Trump administration’s…

Trump Engages in Key Discussions with Netanyahu on Strategy to End Gaza Conflict

President Donald Trump will meet with Israeli Prime Minister Benjamin Netanyahu at…

Bad Bunny Set to Lead the Super Bowl Halftime Show

LOS ANGELES (AP) — Bad Bunny, known for his dynamic blend of…

Clearwater Couple Shares Their Heartbreaking Experience with Rental Scam to Alert Others

In Tampa, Florida, John Swartz and his girlfriend, while on the hunt…

Top Comedians Criticized for Participating in Saudi Arabian Festival

A comedy festival in Saudi Arabia’s capital is stirring controversy as well-known…