See every side of every news story
Published loading...Updated

'Unfair Deal': Mexico, EU Slam Trump's New Tariff Threats

MEXICO, JUL 13 – Tariffs aim to reduce U.S. trade deficits and pressure Mexico and the European Union to drop their tariffs, with U.S. customs duties revenue reaching a record $100 billion this fiscal year.

  • On July 11, 2025, U.S. President Donald Trump declared that beginning August 1, 2025, a 30% duty would be applied to goods entering the United States from both Mexico and the European Union.
  • The tariffs follow failed trade negotiations and Trump’s criticism of Mexico’s border security and cooperation on drug trafficking and immigration.
  • Mexico condemned the tariffs as an “unfair deal” and remains in talks to avoid duties, while EU leaders warned the tariffs would disrupt supply chains and stall growth.
  • European Council President Antonio Costa warned that the tariffs could increase inflation and hinder economic growth, while French President Emmanuel Macron urged the EU to quickly develop effective countermeasures.
  • Taiwanese firms with $3 billion invested in Mexico were advised to delay strategic moves until after August 1, as tariff rates remain negotiable and uncertainty persists.
Insights by Ground AI
Does this summary seem wrong?

28 Articles

Lean Left

The Mexican government this Saturday expressed its disagreement with the decision of U.S. President Donald Trump to impose 30 percent tariffs on Mexican products as of August 1, which he described as “unfair treatment.”

·Mexico
Read Full Article

Mexico on Saturday criticized US President Donald Trump's threat to impose a 30 percent tariff, saying it was unfair.

·Estonia
Read Full Article
Lean Right

Is the letter sent by President Donald Trump to Mexico a mere threat to get more efforts to combat fentanyl trafficking or a rule that will really start to apply as of August 1?This question was floating yesterday in all parts of the country and the United States.The news given by the Secretary of Economy, Marcelo Ebrard, in the sense that Mexico is already negotiating with the United States to avoid the application of those tariffs, was a posit…

·Mexico
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 50% of the sources lean Left
50% Left
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

The Economic Times broke the news in on Saturday, July 12, 2025.
Sources are mostly out of (0)