# President Donald Trump yesterday threatened to impose a 30-percent tariff on imports from Mexico and the European Union starting on August 1. This comes after weeks of negotiations with the major U.S. trading partners failed to reach a comprehensive trade deal. Trump announced the latest tariffs in separate letters to European Commission President Ursula von der Leyen and Mexican President Claudia Sheinbaum that were posted on his Truth Social media site. Von der Leyen said the EU will continue to work towards a trade agreement and take the necessary steps to safeguard EU interests.
Trump threatens EU and Mexico with 30% tariff hike