US to impose 30pct tariffs on Mexico, EU starting Aug 1
"Starting Aug 1, 2025, we will charge Mexico a Tariff of 30 per cent on Mexican products sent into the US, separate from all Sectoral Tariffs.
"Goods transshipped to evade higher Tariffs will be subject to that higher Tariff... If for any reason you decide to raise your Tariffs, then, whatever the number you choose to raise them by, will be added onto the 30 per cent that we charge," Trump said in a letter to Mexican President Claudia Sheinbaum.
A similar letter was sent to European Commission President Ursula von der Leyen, indicating that 30 per cent is "far less than what is needed to eliminate the Trade Deficit disparity" between the US and the EU.
– Bernama-Sputnik/RIA Novosti
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