Trump announces 30% tariffs against European Union, Mexico to begin Aug. 1

Trump announces 30% tariffs against European Union, Mexico to begin Aug. 1


In his letter to Mexico's leader, President Claudia Sheinbaum, Trump acknowledged the country was helpful in stemming the flow of undocumented migrants and fentanyl into the U.S. The EU’s chief trade negotiator, Maros Sefcovic, said this past 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.” “At this point, our fate and that of hundreds of thousands of jobs are tied to the extra time, which will be crucial, because it is unthinkable to be able to sell these volumes of wine elsewhere in the short term.”

Author: AAMER MADHANI Associated Press


Published at: 2025-07-12 19:30:00

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