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Trump Imposes 30% Tariff on EU to ‘Correct’ Trade Deficit
US President Donald Trump has announced that all imports from the EU and Mexico will have a 30% tariff as of August 1. He sent letters to EU President Ursula von der Leyen and Mexico’s President Claudia Sheinbaum informing them of the new rates, which were also posted on his Truth Social account on Saturday.
The Texas Tribune on MSN2d
August increase in Mexico tariffs could strain Texas economyA vast majority of trade between Mexico and the U.S. has been exempt from tariffs for months. That could change on Monday.
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