US tariffs: Trump announces 30% duties for EU and Mexico

US President Donald Trump announced connected Saturday that starting August 1, 2025, goods imported from some Mexico and the European Union volition beryllium taxable to a 30% tariff. The letters, posted connected his societal media platform, mention cause trafficking concerns successful Mexico and long-standing commercialized imbalances with the EU arsenic reasons for the sweeping measures.Days earlier, Trump had intensified planetary commercialized tensions by issuing tariff informing letters to implicit 20 nations, cautioning that elevated import duties volition travel into effect from August 1, 2025, unless caller bilateral commercialized agreements are secured. These nations included Japan, South Korea, and South Africa of imaginable tariffs ranging betwixt 25% and 40%. Later helium expanded the database by sending letters to 8 further countries, announcing caller tariff rates: Brazil (50%), the Philippines (20%), Brunei (25%), Moldova (25%), Algeria (30%), Libya (30%), Iraq (30%), and Sri Lanka (30%).

Mexico tariffs: 'Not enough' done to halt cartels

Addressing Mexican President Claudia Sheinbaum, Trump said the United States could nary longer disregard Mexico’s nonaccomplishment to afloat halt the travel of fentanyl and different narcotics into the country. While acknowledging that portion it had been helping “secure the border,” helium insisted, “what Mexico has done is not enough.”“Mexico inactive has not stopped the Cartels who are trying to crook each of North America into a Narco-Trafficking Playground.

Obviously, I cannot fto that happen!” Trump wrote.As a effect from August 1, each Mexican goods entering the US volition look a 30% tariff, successful summation to immoderate existing sector-specific levies. Trump besides warned against efforts to bypass the tariff strategy done transshipment, noting that specified goods would “be taxable to that higher Tariff.”Trump besides hinted astatine broader frustrations, writing, “The travel of Fentanyl is hardly the lone situation we person with Mexico, which has galore Tariff, and Non-Tariff, Policies and Trade Barriers, which origin unsustainable Trade Deficits against the United States.”

EU tariffs: ‘Far from reciprocal’

In the missive to European Commission President Ursula von der Leyen, Trump expressed vexation implicit persistent commercialized deficits with the EU. “Our narration has been, unfortunately, acold from Reciprocal,” helium wrote, accusing the bloc of long-standing protectionist policies. "We person had years to sermon our Trading Relationship with The European Union, and person concluded that we indispensable determination distant from these long-term, large, and persistent, Trade Deficits, engendered by your Tariff, and Non- Tariff, Policies and Trade Barriers."From August 1, a 30% tariff volition use to each EU products entering the US, abstracted from different sector-specific tariffs. Trump noted that portion the caller complaint is “far little than what is needed” to adjacent the commercialized gap, it is simply a archetypal measurement toward “balanced and just TRADE.”He besides cautioned against retaliation, “If for immoderate crushed you determine to rise your Tariffs and retaliate, then, immoderate the fig you take to rise them by, volition beryllium added onto the 30% that we charge.”He said that the 30% fig is inactive little than what is required to “eliminate the Trade Deficit disparity we person with the EU.”In some letters, Trump framed the tariffs arsenic a correction of economical “injustices” that airs “a large menace to our Economy and, indeed, our National Security.”

Trump's 'no tariff' conditions

In the letters, Trump besides mentioned that determination “will beryllium nary tariff” successful lawsuit the EU and Mexico oregon the companies wrong determine to manufacture successful the US, assuring that the state volition assistance successful getting speedy approvals for the same.He wrote, that successful lawsuit determination is simply a determination “to physique oregon manufacture merchandise wrong the United States and, successful fact, we volition bash everything imaginable to get approvals quickly, professionally, and routinely-In different words, successful a substance of weeks.”