Trump announces 30% tariff on goods imported from Mexico, EU from August 1

13-Jul-2025

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United States President Donald Trump on July 12 announced a 30 per cent tariff on imports from Mexico and the European Union, set to take effect August 1, after weeks of trade negotiations failed to yield a comprehensive agreement with the key allies.

The announcement was made via letters posted on his social media platform.

The move marks a significant escalation in trade tensions, especially as the EU has been pursuing a comprehensive trade agreement with the United States. The 27-member bloc now faces a steep barrier to US markets.