Tariff War: Trump Slaps 30% Duties On Mexico And Eu Over Drug Threats, Trade Deficit

US President Donald Trump connected July 12 imposed a 30% tariff connected imports from Mexico and nan European Union starting connected August 1 aft weeks of negotiations pinch nan cardinal trading friends grounded to scope a much broad waste and acquisition deal. The caller tariffs were announced successful abstracted letters posted connected Truth Social today.

In his missive to Mexico’s leader, Trump acknowledged nan country’s practice successful curbing undocumented migration and fentanyl trafficking into nan United States but warned that much must beryllium done to support North America from becoming a “Narco-Trafficking Playground.”

“Mexico has been helping maine unafraid nan border, BUT, what Mexico has done, is not enough,” Trump added.

In a abstracted missive to nan European Union, Trump based on that nan US waste and acquisition shortage posed a nationalist information risk.

“We person had years to talk our Trading Relationship pinch The European Union, and we person concluded we must move distant from these long-term, large, and persistent, Trade Deficits, engendered by your Tariff, and Non-Tariff, Policies, and Trade Barriers,” Trump wrote successful nan missive to nan EU. “Our narration has been, unfortunately, acold from Reciprocal.”

The European Union, anticipating Trump’s move, had been preparing for caller duties connected nan United States’ largest waste and acquisition and finance partner aft a caller escalation successful nan tariff war.

Initially, nan EU aimed for a broad woody pinch zero-for-zero tariffs connected business goods. However, months of strained negotiations person near nan bloc considering an interim statement arsenic it hopes for a broader colony successful nan future.

Meanwhile, Trump has signaled further escalation pinch different trading partners. He plans to enforce a 35% tariff connected Canadian equipment from August 1, contempt nan 2 countries nearing a self-imposed deadline for a caller waste and acquisition deal.

He has besides slapped world tariffs of 50% connected aluminium and alloy imports, and 25% connected each cars and trucks not built successful nan US. In addition, a 50% tariff connected copper imports is group to return effect adjacent month.

Published on: Jul 12, 2025 7:16 PM IST