Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124

President Donald Trump has announced that the European Union and Mexico will face a 30% import tariff in the United States from August 1st.
He warned that he would impose even higher import taxes if one of the US trading partners decided to take revenge.
The 27 -member EU -the largest trading partner in America -said earlier this week that it hopes to agree with a deal with Washington before August 1st.
Trump this week also said the United States will impose new rates on goods from Japan, South Korea, Canada and Brazil, also starting on August 1st. Such letters have been sent this week to a number of smaller trading partners in the United States.
In the letter sent on Friday to the President of the European Commission, Ursula von der Leyen, Trump wrote: “We have had years to discuss our commercial relations with the European Union and concluded that we should move away from these long -term large and permanent, commercial deficits caused by your tariff and non -territory, policies and commercial barriers.”
“Our connection is, unfortunately, far from reciprocal,” the letter adds.
The EU is a common goal of Trump’s criticism. On April 2, he offered a 20% tariff for goods from the block and then threatened to raise this to 50% when trade calls stopped.
Washington and Brussels hoped to reach an agreement before a deadline of July 9, but there are no reports of progress.
In 2024, the US trade deficit with the block was $ 235.6 billion (€ 202 billion; € 174 billion), according to US sales representative.
Von der Leyen said the EU remains ready to “continue working for an agreement until August 1”.
“Few economies in the world are in line with the level of openness of the European Union and adherence to the practices of fair trade,” her statement is added.
“We will take all the necessary steps to protect the interests of the EU, including the adoption of proportional counteraction, if necessary.”
In her letter to Mexico’s leader, Trump said the country had not done enough to stop North America from becoming a “drug trafficking playground”.
“Mexico helps me secure the border, but what Mexico has done is not enough,” Trump added.
Mexico responded to Trump’s threat on Saturday, calling her a “unfair deal”.