President Donald Trump within the Oval Workplace on the White Home on June 5, 2025. Anna Moneymaker/Getty Photos
President Donald Trump has introduced a 30 % tariff on imports from the European Union and Mexico, to enter impact on Aug. 1, a deadline that applies to a bevy of reciprocal tariffs that Trump mentioned he’s imposing on lots of America’s buying and selling companions to deal with long-running commerce imbalances and different elements.
In letters posted on social media on July 12, Trump mentioned that the 2 buying and selling companions had for years imposed numerous tariffs and non-tariff commerce boundaries on the US and that the duties they now face search to right that imbalance.