{"id":122,"date":"2025-07-12T13:58:24","date_gmt":"2025-07-12T13:58:24","guid":{"rendered":"https:\/\/www.worldpumpnews.com\/?p=122"},"modified":"2025-07-12T13:58:24","modified_gmt":"2025-07-12T13:58:24","slug":"trump-says-he-will-impose-30-tariffs-on-the-eu-and-mexico-from-august-1","status":"publish","type":"post","link":"https:\/\/www.worldpumpnews.com\/?p=122","title":{"rendered":"Trump says he will impose 30% tariffs on the EU and Mexico from August 1"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Unlock the White House Watch newsletter for free<\/p>\n<p class=\"article__content-sign-up-topic-description o3-type-body-base\">Your guide to what Trump\u2019s second term means for Washington, business and the world<\/p>\n<p><iframe class=\"article__content-sign-up-iframe close\" scrolling=\"no\" id=\"signUpIframe\" data-prev-url=\"\/register\/in-article-sign-up?ft-content-uuid=43487e0f-dab9-4faf-8754-baba36e5ddee&amp;newsletter-id=65b8fec772badb00166eafc6\"><\/iframe><\/div>\n<div id=\"article-body\">\n<p>Donald Trump said he would impose tariffs of 30 per cent on Mexico and the EU from August 1 in a move that would further damage US relations with two of its closest trading partners. <\/p>\n<p>The president issued the new tariff threats in two letters posted to Truth Social on Saturday morning.<\/p>\n<p>While the letter to the EU followed a similar template to more than 20 other threatening missives the US president has posted this week, Trump also accused Mexico of \u201cfailing to stop the Cartels\u2019\u2019.<\/p>\n<p>Earlier this year the US threatened Mexico and Canada with tariffs of 25 per cent to retaliate for what Trump said was a failure to halt illegal immigration and the flow of the deadly opioid Fentanyl across the countries\u2019 shared borders with the US. <\/p>\n<p>Trump acknowledged in his letter to Mexican president Claudia Sheinbaum that the country had \u201cbeen helping\u201d him to \u201csecure the border\u201d. But said the efforts had not gone far enough.<\/p>\n<p>Both letters to the EU and Mexico blamed the US\u2019s trade deficit with each country for the fresh tariffs. \u201cThe Trade Deficit is a major threat to our Economy and, indeed, our National Security !\u201d Trump wrote. <\/p>\n<p>The prospect of fresh levies on two of the closest US allies and trading partners caps a turbulent week in which Trump has threatened more than 20 countries with tariffs \u2014 as well as announcing imminent levies of 50 per cent on copper.<\/p>\n<p>The letter to the EU comes even though European officials have spent weeks shuttling between Brussels and Washington to hash out a deal that could be accepted by EU member states.<\/p>\n<p>The two sides have been working on plans to reduce the 25 per cent tariff on vehicles and are considering an agreement to abolish levies on spirits, aircraft and parts. The EU is also prepared to reduce its \u20ac198bn trade surplus in goods by committing to buy more US weapons and liquefied natural gas.<\/p>\n<p>So far, the EU has not retaliated against Trump\u2019s tariffs, which include a 25 per cent levy on cars and car parts, a 50 per cent tariff on steel and aluminium and a baseline 10 per cent tariff on most goods.<\/p>\n<p>On Saturday European Commission President Ursula von der Leyen said that EU executive \u201ctake[s] note\u201d of Trump\u2019s letter.\u00a0<\/p>\n<p>\u201cImposing 30 per cent tariffs on EU exports would disrupt essential transatlantic supply chains, to the detriment of businesses, consumers and patients on both sides of the Atlantic,\u201d she said.\u00a0<\/p>\n<p>The EU had \u201cconsistently prioritised a negotiated solution\u201d with the US and was \u201cready to continue working towards an agreement by August 1\u201d. The EU was also ready to impose counter tariffs \u201cif required\u201d, she added.<\/p>\n<p>The 30 per cent threat \u2014 with more than two weeks of potential time remaining for talks on a compromise deal \u2014 appeared to be a negotiation tactic, according to one EU diplomat briefed on the discussions between Brussels and Washington.\u00a0<\/p>\n<p>Ambassadors from the EU\u2019s 27 member states will meet to discuss the threat on Sunday afternoon, people briefed on the plans said.\u00a0<\/p>\n<p>Mexico, along with Canada, had already secured significant exemptions from the most dramatic of Trump\u2019s levies, and had avoided being hit with a reciprocal tariff on April 2. <\/p>\n<p>After unveiling tariffs of 25 per cent on its two biggest trading partners in March, Trump later walked back the attack and said the tariffs would not apply to any goods that complied with the terms of the US\u2019s 2020 free trade agreement with its neighbours. <\/p>\n<p>The exemption means that about 87 per cent of Mexican goods entered the US tariff-free between January and March this year, according to the Mexican economy ministry.<\/p>\n<p>However, the country will still be hit with Trump\u2019s tariff of 50 per cent on all steel and aluminium imports. <\/p>\n<p>The Trump administration has also launched national security probes that could lead to tariffs on chips, lumber, aerospace parts, pharmaceuticals and consumer electronics. <\/p>\n<p><em>Additional reporting by Alice Hancock and Henry Foy in Brussels and Christine Murray in Mexico City<\/em><\/p>\n<\/div>\n<p>#Trump #impose #tariffs #Mexico #August<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Unlock the White House Watch newsletter for free Your guide to what Trump\u2019s second term means for Washington, business and the world Donald Trump said he would impose tariffs of 30 per cent on Mexico and the EU from August 1 in a move that would further damage US relations with two of its closest [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":123,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[85,83,84,56,82],"class_list":{"0":"post-122","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-august","9":"tag-impose","10":"tag-mexico","11":"tag-tariffs","12":"tag-trump"},"_links":{"self":[{"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=\/wp\/v2\/posts\/122","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=122"}],"version-history":[{"count":0,"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=\/wp\/v2\/posts\/122\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=\/wp\/v2\/media\/123"}],"wp:attachment":[{"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=122"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=122"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}