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

Trump Proposed to Lead Gaza ‘Peace Board’ in Postwar Strategy

President Trump is set to lead an international “board of peace” aimed…

High-Stakes White House Meeting Approaches as Government Shutdown Threatens

WASHINGTON — President Donald Trump is set to convene with the four…

Netanyahu Meets with Trump at the White House

Internet Explorer 11 is not supported. For the best experience, please view…

Oregon Officials Announce Trump’s Plan to Send 200 National Guard Troops to the State

WASHINGTON – The federal government is mobilizing 200 members of the Oregon…

FBI Probes Michigan Church Shooting as ‘Targeted Attack’

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

Masked Teenager in Stolen Car Reaches 100 mph in I-4 Pursuit, Authorities Report

ORANGE COUNTY, Fla. – Early Monday morning, a high-speed chase involving a…

Selena Gomez Ties the Knot with Songwriter and Producer Benny Blanco

SANTA BARBARA, Calif. (AP) — Selena Gomez has tied the knot with…

CEMA Keeps an Eye on Imelda Amid Rising Hurricane Threats

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

Two Injured in Highway 11E Accident in Greene County, Reports THP

GREENE COUNTY, Tenn. (WJHL) — Two people were injured after a crash…

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…

Humberto and Imelda: Storms Pose Threat to Bermuda and the Bahamas

MIAMI – Forecasters predict Hurricane Humberto will create hazardous surf conditions for…

Free Vaccination and Adoption Events Hosted by One Love Animal Rescue

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