Trump announces plan to impose 30% tariffs on EU and Mexico

Saturday, 12 July 2025 (7 hours ago)
President Donald Trump said on social media that he would impose a 30% tariff on the European Union and Mexico on August 1. NBC News' Yamiche Alcindor reports on how Trump would respond if either the EU or Mexico retaliate against the new levy.

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News video: TRUMP TARIFF BLITZ | 20–30% Tariff THREATS Sent to 6 More Countries in Fiery Move

TRUMP TARIFF BLITZ | 20–30% Tariff THREATS Sent to 6 More Countries in Fiery Move 03:14

President Trump has issued new tariff letters to six more countries—Philippines, Brunei, Moldova, Algeria, Iraq, and Libya—via Truth Social, with 20–30% duties set to begin August 1. This follows his April plan to reset global trade, which was paused for 90 days. Trump warns rates may shift...

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