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
Florida Democrats plan return visit to ‘Alligator Alcatraz’ as state hosts tour
  • Local News

Florida Democrats to Make Return Visit to ‘Alligator Alcatraz’ During State Tour

A group of Democratic lawmakers says they are planning another visit to…
  • NewsFinale Journal
  • July 12, 2025
National Weather Service surveys Jasper Co. storm damage
  • Local News

Survey of storm damage in Jasper County conducted by the National Weather Service

JASPER COUNTY, Ga. () – The National Weather Service team in Charleston…
  • NewsFinale Journal
  • July 12, 2025
FEMA removed dozens of Camp Mystic buildings from 100-year flood map before expansion, records show
  • Local News

Records indicate that FEMA excluded multiple Camp Mystic structures from 100-year flood zone designation prior to expansion.

Federal regulators repeatedly granted appeals to remove Camp Mystic’s buildings from their…
  • NewsFinale Journal
  • July 12, 2025
Judge scolds Justice Department for 'refusal' to detail deportation plans for Kilmar Abrego Garcia
  • Local News

Judge criticizes Justice Department for not explaining deportation plans for Kilmar Abrego Garcia

GREENBELT, Md. – A federal judge in Maryland scolded the Trump administration…
  • NewsFinale Journal
  • July 11, 2025
Why is Hitler’s yacht off the coast of this Florida beach? Here’s the answer
  • Local News

What is Hitler’s yacht doing near this beach in Florida? Find out here.

MIAMI-DADE COUNTY, Fla. – Nearly 5 miles off the coast of Miami…
  • NewsFinale Journal
  • July 12, 2025
Woman pleaded guilty under another person's identity, sheriff's office says
  • Local News

Sheriff’s office reports woman admitting guilt using someone else’s identity

UNICOI COUNTY, Tenn. (WJHL) — A Lebanon, Virginia, woman was charged with…
  • NewsFinale Journal
  • July 12, 2025
First responders talk hot car safety after 2 recent incidents in Georgia involving young children
  • Local News

First responders discuss child safety in hot cars following 2 recent incidents with kids in Georgia

AUGUSTA, Ga. ()- First responders are warning people about the consequences for…
  • NewsFinale Journal
  • July 12, 2025
Storm Team 3: Heat & humidity continue along with storm chances
  • Local News

Continued Heat, Humidity, and Storm Chances with Storm Team 3

SAVANNAH, Ga. () – The heat and humidity are sticking around today,…
  • NewsFinale Journal
  • July 12, 2025
6 horses, 1 dog die in horse barn fire at Coles Co. Fairgrounds
  • Local News

Tragic Fire at Coles County Fairgrounds Takes Lives of 6 Horses and 1 Dog

CHARLESTON, Ill. (WCIA) — Six horses and one dog died after a…
  • NewsFinale Journal
  • July 12, 2025
Matthew Bender tells NewsNation of his great escape after a shark bite
  • Local News

'All I saw was red': Florida shark attack survivor speaks out

(NewsNation) — A Florida man has described how a surfboard leash helped…
  • NewsFinale Journal
  • July 12, 2025
Augusta woman builds thriving business with Unique Candle Designs
  • Local News

Woman from Augusta Creates Successful Business with Original Candle Designs

AUGUSTA, Ga. () — She turned a birthday request into a business,…
  • NewsFinale Journal
  • July 12, 2025
Judge declares Trump's use of Alien Enemies Act 'unlawful'
  • Crime

Judge severely restricts immigration raids by Trump administration

President Donald Trump attends a meeting with the Fraternal Order of Police…
  • NewsFinale Journal
  • July 12, 2025
NewsFinale Journal
  • Home
  • Terms and Conditions
  • Sitemap
  • DMCA
  • Advertise Here
  • Donate