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Trump announces 30 percent tariffs on EU, Mexico, starting Aug. 1

( July 12, 2025, 15:37 GMT | Official Statement) -- MLex Summary: Citing "Tariff, and Non-Tariff, Policies and Trade Barriers," US President Donald Trump told Mexico and the European Union in letters posted on Truth Social that the US will impose tariffs of 30 percent on goods from those jurisdictions starting Aug. 1. In the letter to Mexico President Claudia Sheinbaum, Trump also cited Mexico's role in "our Nation's Fentanyl crisis, which is caused, in part, by Mexico's failure to stop the Cartels, who are made up of the most despicable people who ever walked the Earth, from pouring these drugs into our country."See attached letters:...

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