Morphine Prince 109,654 Posted July 15, 2025 Share Posted July 15, 2025 President Donald Trump said Saturday the U.S. will impose a 30% tariff on goods from the European Union and Mexico that will take effect on Aug. 1. Trump revealed the new rates in letters to European Commission President Ursula von der Leyen and Mexico’s President Claudia Sheinbaum, which he posted on his social media site Truth Social. “Mexico has been helping me secure the border, BUT, what Mexico has done, is not enough,” Trump wrote to Sheinbaum. Trump said that there will not be tariffs on goods from the EU if the 27-member bloc “or companies within the EU, decide to build or manufacture product[s] within the United States,” he wrote. He said that if the EU or Mexico retaliates with higher tariffs, “then, whatever the number you choose to raise them by, will be added on to the 30% that we charge.” The EU was seeking at least a preliminary agreement that would spare it from becoming the latest recipient of a letter from Trump dictating a new, across-the-board tariff on its exports to the U.S. However, it still received a letter from Trump threatening new tariffs, despite both sides having recently signaled progress in their negotiations after Trump backed off a threat to slap 50% tariffs on the bloc. The EU collectively sells more to the U.S. than any single country: Total U.S. goods imports from the EU topped $553 billion in 2022, according to the Office of the U.S. Trade Representative. Total U.S. imports from Mexico were approximately $454.8 billion in 2022, according to the U.S. Trade Representative. The two trading partners combined make up roughly one-third of U.S. imports. Read more: https://www.cnbc.com/2025/07/12/trump-tariffs-european-union-eu-mexico-trade.html Link to post Share on other sites More sharing options...
Ziggy 14,018 Posted July 15, 2025 Share Posted July 15, 2025 He’s so horrible to Mexico. Focusing solely on the politics, Mexico literally JUST sent people to help with the floods and this is what he does? What a pos Link to post Share on other sites More sharing options...
lastpopicon 37,264 Posted July 15, 2025 Share Posted July 15, 2025 does anyone even takes him seriously anymore on these threats? The markets didn't even react And EU should respond like China. The melody that you choose can rescue you Link to post Share on other sites More sharing options...
Lucas 31,104 Posted July 15, 2025 Share Posted July 15, 2025 2 hours ago, Ziggy said: He’s so horrible to Mexico. Focusing solely on the politics, Mexico literally JUST sent people to help with the floods and this is what he does? What a pos Fascists don't have any sense of humanity you know... Link to post Share on other sites More sharing options...
Shadow 6,697 Posted July 15, 2025 Share Posted July 15, 2025 Inflation has been bad and it appears prices for Americans will get worse... Stand in the light, cast your shadow. Link to post Share on other sites More sharing options...
bpmMonkey 7,716 Posted July 15, 2025 Share Posted July 15, 2025 4 hours ago, lastpopicon said: does anyone even takes him seriously anymore on these threats? The markets didn't even react saving people, hunting things - the family business Link to post Share on other sites More sharing options...
Concertaholic 6,578 Posted July 15, 2025 Share Posted July 15, 2025 I can’t do three and a half more years of this sh*t Link to post Share on other sites More sharing options...
Economy 52,844 Posted July 15, 2025 Share Posted July 15, 2025 6 hours ago, Concertaholic said: I can’t do three and a half more years of this sh*t The fact were only 1/8 thru the Presidency. It feels like an eternity already Link to post Share on other sites More sharing options...
ThisGuyTony 34,860 Posted July 15, 2025 Share Posted July 15, 2025 Link to post Share on other sites More sharing options...
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