
Trump Announces 30% Tariffs on EU and Mexico, Effective August 1
U.S. President Trump’s new 30% tariffs on the EU and Mexico take effect August 1, raising concerns over global trade disruptions and price hikes.
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U.S. President Trump’s new 30% tariffs on the EU and Mexico take effect August 1, raising concerns over global trade disruptions and price hikes.
President Trump has threatened 30% tariffs on EU and Mexico imports after stalled negotiations, sparking fresh tensions and prompting swift responses from Brussels and Mexico City.
With the US tariff pause set to end July 9, Mexico—America’s top trade partner—is exploring new markets to reduce its reliance on US exports.
Mexico accelerates trade diversification with the EU to counter US tariff risks, signaling a strategic shift in global economic alliances.
In response to US tariff threats, Mexico is expanding and modernizing its trade agreements with the European Union, diversifying its global economic partnerships.