Trump announces 30% tariffs on EU, Mexico 


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Summary

US imposes new tariffs on EU, Mexico

The United States announced 30% tariffs on goods from the European Union and Mexico starting Aug. 1.

Leaders vow to negotiate,warn of retaliation

Leaders from the EU, Mexico, and Canada expressed readiness for talks but signaled possible countermeasures to protect their interests.

Trade tensions escalate amid concerns over deficits and security

President Trump cited trade deficits and national security as reasons for the tariffs, intensifying economic policy disputes with major trading partners.


Full story

The United States will impose 30% tariffs on goods from the European Union and Mexico starting on Aug.1, President Donald Trump revealed Saturday, July 12, via social media. Both the EU and Mexico responded by expressing willingness to negotiate, but they won’t rule out taking countermeasures.

European Commission President Ursula von der Leyen stated, “We remain ready to continue working towards an agreement by August 1. At the same time, we will take all necessary steps to safeguard EU interests, including the adoption of proportionate countermeasures if required.”

Mexican President Claudia Sheinbaum highlighted earlier discussions among Mexican officials, remarking, “We mentioned at the meeting that this was an unfair deal and that we disagreed.”

In a letter to Mexico’s leader, Trump acknowledged some cooperation on border and drug issues, but emphasized that more needs to be done.

“Mexico has been helping me secure the border, BUT, what Mexico has done, is not enough,” Trump wrote. He added that Mexico had not done enough to stop North America from becoming what he called a “Narco-Trafficking Playground.”

Addressing the European Union in another letter, Trump argued that the U.S. trade deficit is a national security concern, writing, “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. Our relationship has been, unfortunately, far from Reciprocal.”

Canada faces 35% hike

On Thursday, July 10, Trump also warned Canada of a potential 35% tariff hike. Canadian Prime Minister Mark Carney responded on X, saying, “The Canadian government has steadfastly defended our workers and businesses,” and confirmed that negotiations with the U.S. will continue ahead of the Aug. 1 deadline.

Carney added that Canada is cooperating with Washington on the fentanyl crisis, but pushed back against Trump’s characterization of Canada’s role.

“Canada has made vital progress to stop the scourge of fentanyl in North America,” Carney said. “We are committed to continuing to work with the United States to save lives and protect communities in both our countries.”

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Why this story matters

Tariffs announced by the United States against the European Union, Mexico and potentially Canada have prompted international responses that could affect global trade relationships, negotiations and economic stability.

Trade policy

Shifts in U.S. trade policy, including the imposition of new tariffs, directly affect international commerce and economic relations among key global partners.

Diplomatic negotiations

The willingness of the European Union, Mexico and Canada to negotiate or consider retaliatory measures highlights the importance of diplomatic efforts in resolving trade disputes.

Economic impact

Proposed tariffs and corresponding countermeasures may have widespread economic effects on workers, businesses and consumers across the affected countries.

SAN provides
Unbiased. Straight Facts.

Don’t just take our word for it.


Certified balanced reporting

According to media bias experts at AllSides

AllSides Certified Balanced May 2025

Transparent and credible

Awarded a perfect reliability rating from NewsGuard

100/100

Welcome back to trustworthy journalism.

Find out more

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