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


BRIDGEWATER, New Jersey (AP) 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.”

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.

Share and Follow
You May Also Like

Former Illinois Officer’s Trial Begins: Opening Statements in the High-Profile Sonya Massey Murder Case

SPRINGFIELD, Ill. — The trial of a former police officer charged with…

Preservationists Call for Immediate Halt to White House East Wing Demolition Amid Historic Concerns

A preservation organization is urging a temporary halt in the planned demolition…

Tragic Incident: Passenger Goes Overboard on Norwegian Jewel En Route to Florida

A tourist has reported that an emergency situation has arisen on a…

RHOA Drama Escalates: Ex-Husband Sues Bravo for $200M Over Explosive Allegations

Chuvalo Mark Ferrell, former husband of Kelli Ferrell, who is a new…

Trump Biographer Initiates Legal Action Against Melania Trump

Renowned author Michael Wolff has launched a sensational lawsuit against Melania Trump,…

Duval County Voices Worries Over Changes to SNAP Benefits

In Duval County, approximately 20% of households depend on SNAP benefits to…

Shocking Elimination on ‘Dancing with the Stars’ Week 6: Fan-Favorite Couple Exits on Movie-Themed ‘Wicked Night

In Los Angeles, “Dancing with the Stars” took a magical turn with…

Florida Mom Faces Charges in Tragic Death of Her Son, According to Sheriff

LAND O’LAKES, Fla. (WFLA) — In a tragic turn of events, the…