Trump Announces 30% Tariffs on Goods from the EU and Mexico Starting Aug. 1

In another of his tariff letters, the president announced 30% levies on goods imported from the EU and Mexico would begin on August 1. The letters were published on his social media site. Earlier, Canada received a tariff letter announcing 35% tariffs on the same deadline. So far Trump has sent letters to 24 nations and the EU. More are expected ans the president seeks leverage in trade negotiations.