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Trump says 30% tariffs against EU, Mexico to proceed starting Aug. 1

CBC.ca Saturday, 12 July 2025 ()
U.S. President Donald Trump on Saturday announced he's levying tariffs of 30 per cent against the European Union and Mexico starting on Aug. 1, after weeks of negotiations with the key trading allies failed to reach a more comprehensive trade deal.
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News video: Trump SLAMS Mexico And EU With SHOCK 30% Tariffs | $1,200 Trade War Burden Falls on U.S. Families

Trump SLAMS Mexico And EU With SHOCK 30% Tariffs | $1,200 Trade War Burden Falls on U.S. Families 03:11

President Trump has announced sweeping 30% tariffs on imports from the European Union and Mexico, igniting fresh trade tensions. Starting August 1, key sectors like auto parts, electronics, agriculture, and pharmaceuticals could see massive price hikes. The EU had hoped for a trade deal, but...

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