Trump announces 30% tariffs on EU and Mexico

trophy33 · Saturday at 9:38 AM

President Donald Trump unveiled the new rates in letters to European Commission President Ursula von der Leyen and Mexico’s President Claudia Sheinbaum.
Trump said that if the EU or Mexico retaliates with higher tariffs, “then, whatever the number you choose to raise them by, will be added on to the 30% that we charge.”
“Mexico has been helping me secure the border, BUT, what Mexico has done, is not enough,” Trump wrote to Sheinbaum.

https://www.cnbc.com/2025/07/12/trump-tariffs-european-union-eu-mexico-trade.html

trophy33 · Saturday at 9:40 AM

Trump's letter to the EU included a demand that Europe drop its own tariffs, an apparent condition of any future deal.
"The European Union will allow complete, open Market Access to the United States, with no Tariff being charged to us, in an attempt to reduce the large Trade Deficit," Trump wrote.

Canada got a higher tariff rate of 35% compared to Mexico, with both letters citing fentanyl flows, even though government data shows the amount of the drug seized at the Mexican border was significantly higher than the Canadian border.

https://www.reuters.com/business/trump-announces-30-tariffs-eu-2025-07-12/

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Trump announces 30% tariffs on EU and Mexico

trophy33

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