President Donald Trump announced that his administration will impose a rate of 50% on imported buyer, which marks a new ecalation in his broader tax policy.
President Donald Trump announced on Saturday that from 1 August his administration will impose a rate of 30% from Mexico and members of the European Union (EU), referring to trade shortages and national security problems.
In separate letters placed on Truth Social, Trump said that the new rates – aimed at two of the largest trading partners in the United States – were “apart from all secular rates” that are already present.
In his letter to Mexican President Claudia Sheinbaum Pardo, Trump said Mexico did not put it into stopping drug cartels And the stream of Fentanyl of changing “all of North America into a narco-tracing playgorund”, which raised his rates of the original 25% announced earlier this year.
“Mexico helped me to secure the border, but what Mexico has done is not enough,” Trump wrote in his letter to Sheinbaum. “Mexico has still not stopped the cartels who try to turn all North America into a narco-tracing playgorund. Of course I can’t let that happen!”
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President Donald Trump walks on Friday at the South Lawn of the White House in Washington, DC. Trump threatened a rate of 30% on goods from Mexico and the European Union on Saturday. (Samuel Corum/Sipa/Bloomberg via Getty Images/Getty Images)
“From 1 August 2025 we will charge Mexico a rate of 30% on Mexican products sent to the United States, regardless of all sectoral rates,” Trump added. “Goods that have been transferred to avoid higher rates will be subject to that higher rate.”
In a separate letter addressed to the president of the European Commission Ursula von der Leyen, Trump claimed that the Of the European Union Policy caused ‘large and non -durable trade shortages against the United States’, adding that the aforementioned imbalance also is an important threat of national security.
“We have had years to discuss our trade relationship with the European Union and have concluded that we should leave this long-term, large and persistent trade shortages produced by your rate, and non-tariff, policy and trade barriers,” Trump wrote.
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Mexican President Claudia Sheinbaum is holding a press conference in the National Palace in Mexico City, March 4. (Reuters / Raquel Cunha / Reuters)
Trump also warned The fact that any retribution rates imposed by Mexico or the EU are linked and added to the basic rate of 30%: “Regardless of the number you chose to lift them, it will be added to the 30% we charge.”
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President Ursula von der Leyen -gestures from the European Commission while appealing a press conference in Brussels on 17 October 2024. (Getty Images / Getty Images)
Von der Leyen responded to the announcement in a position on X, warning that the rates would negatively influence both economies, but expressed the willingness to continue the negotiations.
“A rate of 30% on EU export would harm companies and patients on both sides of the Atlantic,” said Von der Leyen. “We will continue to work on an agreement by 1 August. At the same time, we are ready to protect the EU interests based on proportional countermeasures.”
In a separate explanation about the trade in America-EU, Von der Leyen said that she will continue to deepen the global partnerships “firmly anchored in the principles of rules-based international trade”.
“Few economies in the world correspond to the level of openness and compliance with the European Union to fair trade practices,” said the statement released on Saturday. “The EU has consistently given a priority to a negotiated solution with the US, which reflects our dedication to dialogue, stability and a constructive transatlantic partnership.”
French president Emmanuel Macron On Saturday, the European Commission’s criticism of the new levies repeated in a position on X and said that France is “sharing the same strong disapproval in the announcement.”
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French President Emmanuel Macron responded on Saturday at the 30% rates of President Trump against the EU. (Teresa Suarez/Pool/AFP/Getty images)
Macron added that the committee should protect its interests, and that France “fully supports” the committee in the negotiations.
“This announcement comes after weeks of intense involvement by the committee in negotiations with the United States, based on a solid offer made in good faith,” said Macron. “With the European unit, it is more than ever up to the committee to claim the determination of the Union to resolutely defend the European interests. In particular, this means that accelerating the preparation of credible countermeasures, by mobilizing all instruments at its disposal, including anti-Coercion, if no agreement is reached by 1 August.”
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US Census Bureau data shows that Mexico is currently The best American trading partner in 2025. EU members, including Germany, Italy, France and the Netherlands, are also among the top 15.
