Donald Trump Sets 30% Tariffs Targeting EU and Mexico Imports
Donald Trump Sets 30% Tariffs Targeting EU and Mexico Imports

Donald Trump Sets 30% Tariffs Targeting EU and Mexico Imports

seniorspectrumnewspaper – Donald Trump declared a 30% tariff on goods from the European Union and Mexico. The tariffs will take effect on August 1, according to letters posted on his social media platform, Truth Social. The announcement surprised European officials, who had been negotiating a deal for months with the U.S. trade representative. The proposed deal included a 10% tariff, which the EU already considered painful.

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Trump’s letter to the EU criticized long-standing trade deficits and described the relationship as “far from reciprocal.” He warned that any EU retaliation would increase their tariffs beyond the 30% rate. Meanwhile, Trump’s letter to Mexico acknowledged the country’s cooperation in reducing illegal immigration and fentanyl trafficking. However, he accused Mexico of allowing North America to become a “Narco-Trafficking Playground.”

EU trade ministers are scheduled to meet on Monday for a pre-arranged summit. They face pressure to enact €21 billion ($24.6 billion) in retaliatory tariffs, which they had delayed pending the U.S. decision. Mexican President Claudia Sheinbaum expressed confidence that an agreement could be reached before the tariffs start. She emphasized Mexico’s sovereignty remains non-negotiable. This tariff increase could harm low-margin European goods such as Belgian chocolate, Irish butter, and Italian olive oil. The EU had been informed of the tariff hike before Trump’s social media announcement, adding to diplomatic tensions.

European Leaders and Global Reactions to Tariff Hike

European leaders criticized Trump’s tariff decision, warning of significant economic disruption. Ursula von der Leyen, president of the European Commission, stated that the 30% tariff would harm transatlantic supply chains and damage businesses and consumers on both sides. She urged continued negotiations to avoid escalation but promised proportional countermeasures if needed.

French President Emmanuel Macron strongly condemned the announcement and called for the EU to defend its interests with credible countermeasures. Germany’s Economy Minister Katherina Reiche urged pragmatic negotiations, while the Federation of German Industries warned that a trade war could hurt economic recovery and innovation. Italy’s Prime Minister Giorgia Meloni called for goodwill to reach a fair deal, warning that polarizing actions would harm both sides. The EU views Trump’s tariff hike as a negotiation tactic designed to extract greater concessions. Bernd Lange, head of the European Parliament’s trade committee, called the move “brazen” and “disrespectful,” demanding immediate countermeasures.

Brazilian President Luiz Inácio Lula da Silva downplayed the impact of Trump’s threatened tariffs. However, he criticized Trump for announcing the tariffs publicly rather than privately. Experts note that formal agreements would still require more legal steps and time to register, even if negotiations had succeeded.

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The tariff announcement followed a week of mixed signals, with Trump extending talks but then rapidly escalating threats. The move increases uncertainty over the future of U.S.-EU trade relations and highlights ongoing tensions around tariffs and market access. Analysts emphasize the importance of diplomacy to avoid a damaging trade conflict between major global partners.