Trump announces 30% tariffs against EU, Mexico to begin August 1

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With the letters issued connected  July 12, 2025, Mr. Trump has present  imposed tariff conditions connected  24 countries and the 27-member European Union. File

With the letters issued connected July 12, 2025, Mr. Trump has present imposed tariff conditions connected 24 countries and the 27-member European Union. File | Photo Credit: AP

President Donald Trump connected Saturday (July 12, 2025) announced he’s levying tariffs of 30% against the European Union and Mexico.

Mr. Trump announced the tariffs connected 2 of the United States’ biggest commercialized partners successful letters posted to his societal media account.

In his missive to Mexico’s leader, Mr. Trump acknowledged that the state has been adjuvant successful stemming the travel of undocumented migrants and fentanyl into the United States. But helium said the state has not done capable to halt North America from turning into a “Narco-Trafficking Playground.”

“Mexico has been helping maine unafraid the border, BUT, what Mexico has done, is not enough,” Mr. Trump added.

Mr. Trump successful his missive to the European Union said that the U.S. commercialized shortage was a nationalist information threat.

“We person had years to sermon our Trading Relationship with The European Union, and we person concluded we indispensable determination distant from these long-term, large, and persistent, Trade Deficits, engendered by your Tariff, and Non-Tariff, Policies, and Trade Barriers,” Mr. Trump wrote successful the missive to the EU. “Our narration has been, unfortunately, acold from Reciprocal.”

Mr. Trump is successful the midst of an announcement blitz of caller tariffs with allies and foes alike, a bedrock of his 2024 run that helium said would acceptable the instauration for reviving a U.S. system that helium claims has been ripped disconnected by different nations for decades.

With the reciprocal tariffs, Mr. Trump is efficaciously blowing up the rules governing satellite trade. For decades, the United States and astir different countries abided by tariff rates acceptable done a bid of analyzable negotiations known arsenic the Uruguay round. Countries could acceptable their ain tariffs – but nether the “most favoured nation’’ approach, they couldn’t complaint 1 state much than they charged another.

With Saturday’s (July 12, 2025) letters, Mr. Trump has present issued tariff conditions connected 24 countries and the 27-member European Union.

The European Union’s main commercialized negotiator said earlier this week that a commercialized woody to avert higher tariffs connected European goods imported to the U.S. could beryllium reached “even successful the coming days.” Maroš Šefčovič told EU lawmakers successful Strasbourg, France connected Wednesday (July 9, 2025) said that the EU had been spared the accrued tariffs contained successful the letters Mr. Trump sent connected Monday (July 7, 2025), and that an hold of talks would supply “additional abstraction to scope a satisfactory conclusion.”

The bloc collectively sells much to the U.S. than immoderate different country. U.S. goods imports from the EU topped $553 cardinal successful 2022, according to the Office of the U.S. Trade Representative.

Mr. Trump connected April 2 projected a 20% tariff for EU goods and past threatened to rise that to 50% aft negotiations did not determination arsenic accelerated arsenic helium would person liked. Mr. Šefčovič did not notation immoderate tariff figures.

The higher tariffs arsenic good arsenic immoderate EU retaliation had been suspended arsenic the 2 sides negotiate. However, the basal complaint of 10% for astir commercialized partners arsenic good arsenic higher rates of 25% connected autos and 50% connected alloy and aluminium had gone into effect.

Douglas Holtz-Eakin, a erstwhile Congressional Budget Office manager and president of the centre-right American Action Forum, said the letters were grounds that superior commercialized talks were not taking spot implicit the past 3 months. He stressed that nations were alternatively talking amongst themselves astir however to minimise their ain vulnerability to the U.S. system and Mr. Trump.

“They’re spending clip talking to each different astir what the aboriginal is going to look like, and we’re near out,” Mr. Holtz-Eakin said.

He added that Mr. Trump was utilizing the letters to request attention, but, “In the end, these are letters to different countries astir taxes he’s going to levy connected his citizens.”

Published - July 12, 2025 08:02 p.m. IST

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