US to Impose 30% Tariffs on EU and Mexico, Effective August 1
The US plans to implement 30% tariffs on imports from the EU and Mexico starting August 1. Trump published the relevant letter on Truth Social and threatened to raise rates if they retaliate. Mexico has established a working group with the US to seek alternatives, while the EU has expressed willingness to negotiate but reserves the right to countermeasures.

The United States will impose a 30% tariff on imports fromthe European UnionandMexicostarting August 1. This news comes from a letter posted by U.S. President Donald Trump on Truth Social on Saturday morning.
The announcement comes as Trump issues a flurry of tariff statements targeting specific countries, involving several major U.S. trading partners, including Canada, Brazil, Japan, and South Korea. All tariffs are scheduled to take effect on August 1.
Ina letter to Mexican President Claudia Sheinbaum, Trump reiterated much of the language from previous letters, including threats to raise tariffs further if Mexico takes retaliatory measures. He also mentioned security issues, such as cartel activity in Mexico and its connection to fentanyl trafficking into the U.S.
Since early March, imports from Mexico (similar to Canada) have faced a 25% tariff unless they qualify for preferential treatment under the United States-Mexico-Canada Agreement (USMCA).
The Saturday letter to Mexico did not clarify whether USMCA exemptions would remain in effect under the new tariff rate, nor whether the 35% rate (sic, likely a typo for 30%) would replace the existing 25% tariff.
Since the country-specific tariffs were first announced, Mexican officials have repeatedly soughtto strengthen bilateral ties and secure preferential tariff treatmentrather than take retaliatory measures. To that end, Mexican officials met with their U.S. counterparts on Friday and agreed to establish a permanent working group for ongoing discussions on key issues, including security, migration, water management, and economic hot topics, according toa press release issued Saturday。
According to the press release (jointly issued by Mexico's Ministry of Economy and Ministry of Foreign Affairs), during the meeting the U.S. side informed Mexico that it would send a letter setting new tariffs effective August 1. Mexican officials called the move unfair and expressed disagreement, but confirmed that one of the working group's primary goals is to seek alternatives before the effective date.
"Establishing the necessary channels and spaces starting July 11 to address the possibility of any new tariffs taking effect on August 1 is significant," the press release said in Spanish. "In other words, Mexico is already in negotiations."
Trump'sletter to European Commission President Ursula von der Leyenwas also largely the same as previous versions, but included a statement that had not appeared in any prior version.
The letter said: "The EU will allow the U.S. full and open market access with no tariffs on us, in an attempt to reduce the massive trade deficit." It is unclear whether this is a term the EU has agreed to or a demand from the president.
EU imports to the U.S. currently face abaseline tariff of 10%. The EU is one of many U.S. trading partners trying to navigate Trump'shigh-tariff trade policyand seeking negotiations with the White House to lower tariffs.
"A 30% tariff on EU exports would harm businesses, consumers, and patients on both sides of the Atlantic. We will continue working to reach an agreement before August 1," von der Leyen said Saturday in apost on X. "At the same time, we are prepared to defend EU interests based on proportionate countermeasures."
In May, Trump said negotiations with the EU were "going nowhere" and suggested imposing a50% tariffon EU imports starting July 9. The president has also threatened tariffs on specific EU-origin goods—including wine and champagne—and has already imposed tariffs on major industries such as steel, aluminum, and automobiles.
Since February, the wave of U.S. tariffs has affected 70% of total EU-U.S. trade, European Commission President Ursula von der Leyen said in aspeechon Tuesday.
"The scale and scope of these measures are unprecedented," von der Leyen said. "Our position is clear: we will remain firm. We prefer a negotiated solution. That is why we are working closely with the U.S. administration to reach an agreement."
The EU has beenpreparing its own countermeasuresin case current tariff negotiations fail to achieve its goals. The countermeasures would affect imports worth more than $100 billion and apply to a range of industrial and agricultural products.
According to data from the U.S. International Trade Commission, the U.S. trade deficit with the EU was $236 billion in 2024, and with Mexico it was $172 billion.
Edwin Lopez contributed to this report.