US EditionTrump announces 30% tariffs against EU, Mexico to begin August 1
UNITED STATES, JUL 14 – The tariffs follow failed talks and aim to address trade deficits and fentanyl trafficking, generating over $100 billion in customs duties this fiscal year, US Treasury data shows.
- On July 14, 2025, President Donald Trump announced 30% tariffs on imports from the European Union and Mexico, effective August 1.
- These tariffs follow the Commerce Department's April withdrawal from a nearly three-decade-old U.S.-Mexico tomato trade agreement due to alleged dumping of unfairly priced Mexican tomatoes.
- The tariffs aim to combat dumping and may raise prices on tomatoes, wine, tequila, and other products, potentially affecting consumers and businesses nationwide.
- Restaurant owner Teresa Razo said her businesses could fail without affordable tomatoes and that she might raise menu prices if domestic supply cannot meet demand.
- Leaders of the EU and Mexico remain in negotiations to reduce tariff rates, while the tariffs threaten to increase consumer costs and disrupt trade relationships.
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725 Articles
Donald Trump warned that he would impose 30% tariffs on imports from Mexico and the European Union from August 1st, which could rise from vegetables to electronics and alcohol.The US government claims that the cost falls on exporters, but different analysts predict impact on the consumer. Donald Trump's threat with new tariffs to Mexico and the European UnionAccording to CNN, President Donald Trump announced that he plans to impose 30% tariffs o…
Austria does not need to be afraid of the new customs announcements by Donald Trump of 30 percent, Finance Minister Markus Marterbauer makes it clear: "The threatened 30 percent tariff rate is a massive tightening. However, it can perhaps be something else tomorrow if the US President has slept badly." According to Marterbauer, the Americans would have "a lot to lose if they wanted to start a trade or customs war with Europe. The costs would cer…
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