NewsFinale
  • Home
  • News
  • Local News
  • Business
  • Health
  • Finance
  • Celeb Lifestyle
  • Crime
  • Entertainment
  • Advertise Here
Gleammour AquaFresh
NewsFinale
  • Home
  • News
  • Local News
  • Business
  • Health
  • Finance
  • Celeb Lifestyle
  • Crime
  • Entertainment
  • Advertise Here
Home Local News “Trump to Impose 30% Tariffs on EU and Mexico Starting August 1st”

“Trump to Impose 30% Tariffs on EU and Mexico Starting August 1st”

Trump announces 30% tariffs against EU, Mexico to begin August 1
Up next
Free mobile health clinics reach remote areas in South Carolina
Mobile health clinics are providing free healthcare services to isolated regions in South Carolina
Published on 12 July 2025
Author
NewsFinale Journal
Share and Follow
FacebookXRedditPinterestWhatsApp


BRIDGEWATER, N.J. – 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.”

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

Trump in his letter to the European Union said that the U.S. trade deficit was a national security threat.

“We have had years to discuss our Trading Relationship with The European Union, and we have concluded we must move away from these long-term, large, and persistent, Trade Deficits, engendered by your Tariff, and Non-Tariff, Policies, and Trade Barriers,” Trump wrote in the letter to the EU. “Our relationship has been, unfortunately, far from Reciprocal.”

Trump is in the midst of an announcement blitz of new tariffs with allies and foes alike, a bedrock of his 2024 campaign that he said would set the foundation for reviving a U.S. economy that he claims has been ripped off by other nations for decades.

With the reciprocal tariffs, Trump is effectively blowing up the rules governing world trade. For decades, the United States and most other countries abided by tariff rates set through a series of complex negotiations known as the Uruguay round. Countries could set their own tariffs – but under the “most favored nation’’ approach, they couldn’t charge one country more than they charged another.

With Saturday’s letters, Trump has now issued tariff conditions on 24 countries and the 27-member European Union.

The European Union’s chief trade negotiator said earlier this week that a trade deal to avert higher tariffs on European goods imported to the U.S. could be reached “even in the coming days.” Maroš Šefčovič told EU lawmakers in Strasbourg, France on Wednesday that the EU had been spared the increased tariffs contained in the letters Trump sent on Monday, and that an extension of talks would provide “additional space to reach a satisfactory conclusion.”

The bloc collectively sells more to the U.S. than any other country. U.S. goods imports from the EU topped $553 billion in 2022, according to the Office of the U.S. Trade Representative.

Trump on April 2 proposed a 20% tariff for EU goods and then threatened to raise that to 50% after negotiations did not move as fast as he would have liked. Sefcovic did not mention any tariff figures.

The higher tariffs as well as any EU retaliation had been suspended as the two sides negotiate. However the base rate of 10% for most trade partners as well as higher rates of 25% on autos and 50% on steel and aluminum had gone into effect.

Douglas Holtz-Eakin, a former Congressional Budget Office director and president of the center-right American Action Forum, said the letters were evidence that serious trade talks were not taking place over the past three months. He stressed that nations were instead talking amongst themselves about how to minimize their own exposure to the U.S. economy and Trump.

“They’re spending time talking to each other about what the future is going to look like, and we’re left out,” Holtz-Eakin said.

He added that Trump was using the letters to demand attention, but, “In the end, these are letters to other countries about taxes he’s going to levy on his citizens.”

—

AP writers Josh Boak in Washington and Dave McHugh in Frankfurt, Germany contributed reporting.

Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

Share and Follow
FacebookXRedditPinterestWhatsApp
You May Also Like
Restoration groups not giving up on Nolichucky River cleanup
  • Local News

Dedicated Restoration Teams Persist in Efforts to Revitalize Nolichucky River

In a concerted effort to rejuvenate the Nolichucky River, dedicated restoration teams…
  • NewsFinale Journal
  • December 28, 2025
Storm Team 3: Warmth continues before a cold blast
  • Local News

Storm Team 3: Unseasonable Warmth Persists Ahead of Impending Cold Front

SAVANNAH, Ga. () – Yesterday graced us with splendid weather, matching the…
  • NewsFinale Journal
  • December 28, 2025
Brigitte Bardot, 1960s sultry sex symbol turned militant animal rights activist dies at 91
  • Local News

Iconic 1960s Star and Passionate Animal Rights Advocate Brigitte Bardot Passes Away at 91

PARIS – Brigitte Bardot, the iconic French actress and 1960s sex symbol,…
  • NewsFinale Journal
  • December 28, 2025
Gold prices hit record high — is that good or bad?
  • Local News

Gold Prices Soar to Unprecedented Heights: What It Means for Your Investments

This week, gold futures have soared to unprecedented heights as investors flock…
  • NewsFinale Journal
  • December 28, 2025
Still no suspect in custody after deadly Christmas shooting in Decatur
  • Local News

Manhunt Intensifies: Suspect Remains at Large Following Fatal Christmas Day Shooting in Decatur

In Decatur, Illinois, a tragic incident unfolded on Christmas evening, drawing the…
  • NewsFinale Journal
  • December 28, 2025
Storm Team 3: Warmer afternoons return, showers move in Thursday
  • Local News

Warm Spring Breezes to Chill: Storm Team 3 Forecasts Sudden Temperature Shift Next Week

SAVANNAH, Ga. — Saturday brought unseasonably warm temperatures, breaking records and setting…
  • NewsFinale Journal
  • December 28, 2025
Why 'very large' tax refunds are coming in 2026, according to officials
  • Local News

Discover Why Major Tax Refunds Are Expected in 2026, According to Experts

A wave of changes to the tax code under the One Big…
  • NewsFinale Journal
  • December 28, 2025
Apopka police seek help finding 37-year-old woman missing since 2018
  • Local News

Apopka Police Request Public Assistance in Locating Woman, 37, Missing Since 2018

APOPKA, Fla. – Authorities in Apopka are reaching out to the community…
  • NewsFinale Journal
  • December 28, 2025
Where to watch 'Mayor of Kingstown' Season 4: release date, start time, episodes, streaming info
  • Entertainment

Key Factors for the Continuation of Jeremy Renner’s ‘Mayor of Kingstown’ Season 5 on Paramount+

The curtain is set to fall on the fourth season of Mayor…
  • NewsFinale Journal
  • December 28, 2025
Which HGTV Shows Are Coming Back in 2026?
  • Entertainment

Get Excited: HGTV’s Must-Watch Shows Making a Comeback in 2026!

Dreaming of a home makeover in 2026? You’re in luck because HGTV…
  • NewsFinale Journal
  • December 28, 2025
Loose Women star shares heartbreaking death announcement
  • Celeb Lifestyle

Loose Women Star Announces Tragic Loss: Heartfelt Tribute to Late Loved One

In a deeply emotional tribute, Nadia Sawalha, known for her role on…
  • NewsFinale Journal
  • December 28, 2025
Manhunt Ends with 18-Year-Old Son Arrested for Killing Mother, Injuring Father: Police
  • Crime

Teen Arrested After Alleged Attack Leaves Mother Dead, Father Injured: Police Report

A tragic incident unfolded in a rural Pennsylvania town on Friday, where…
  • NewsFinale Journal
  • December 28, 2025
NewsFinale Journal
  • Home
  • Terms and Conditions
  • Sitemap
  • DMCA
  • Advertise Here
  • Donate