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Trump announces 30% tariffs on European Union and Mexico

Photo of Global NewsX Global NewsXJuly 12, 2025Last Updated: July 12, 2025
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Trump announces 30% tariffs on European Union and Mexico

President Donald Trump has posted two new letters on his social media platform announcing tariffs on the European Union and Mexico.

Trump will impose a 30% tariff on Mexico due to fentanyl crossing the border and the same tariff rate on the EU as a result of the U.S. trade deficit.

This is a developing story. Check back for updates.

Source: abc news

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Photo of Global NewsX Global NewsXJuly 12, 2025Last Updated: July 12, 2025
0 0 Less than a minute
Photo of Global NewsX

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