The European Union and Mexico have voiced strong disappointment over U.S. President Donald Trump’s threat to implement a 30% tariff on their imports starting August 1. Both economic blocs criticized the move, with Mexico labeling it an “unfair deal” and emphasizing its sovereignty is non-negotiable.
Ursula von der Leyen, President of the European Commission, warned that the EU is prepared to take “proportionate countermeasures” if the U.S. proceeds with the tariffs. Despite their strong objections, both the EU and Mexico expressed a desire to continue negotiations with the United States.
President Trump, however, has issued further warnings, stating he would impose even higher taxes on imports should any U.S. trading partner retaliate.
This latest tariff announcement follows Trump’s earlier declaration this week of new duties on goods from Japan, South Korea, Canada, and Brazil, also set to take effect next month.