Trump says Mexico, EU will face 30% tariff on Aug. 1
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Mexico tomato tariff won't affect his prices
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While Mexico was spared from Trump's so-called "Liberation Day" tariff rollout on April 2, the 30% rate for the E.U. is 10 percentage points higher than what the president said he would apply to America's largest trading partner in April but lower than his mid-May threat of 50%.
President Donald Trump expanded his tariff threats over the weekend, calling for 30% levies on two of America’s largest trading partners: the European Union and Mexico.
The Mexican delegation in Washington expressed disagreement with the tariff announcement and considered it “unfair treatment,” according to a government statement.
Most European markets took a hit as trading resumed in the wake of President Trump's latest tariff threats, and as the EU keeps hoping for a deal.
BEAUMONT, Texas — A new 17% tariff on all fresh tomatoes imported from Mexico took effect after the U.S. formally withdrew from the Mexico trade agreement , raising concerns about potential price increases for American consumers and small businesses.
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Rep. Tony Gonzales (R-Texas) said he supports President Trump’s approach to tariffs on Mexico, even though he acknowledged the tax on imported goods will likely hurt Texans if it takes effect. In
Niti Aayog report highlights India's tariff advantage over China, Canada, and Mexico in key sectors amid evolving US trade policies.