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US tariffs: Trump announces 30% duties for EU and Mexico; cites fentanyl crisis and trade deficits as the reason

IndiaTimes Saturday, 12 July 2025 ()
Donald Trump announced a 30% tariff on all goods imported from Mexico and the European Union, effective August 1, 2025. He cited Mexico's insufficient efforts to combat drug trafficking and persistent trade imbalances with the EU as justification. Trump suggested the tariffs could be avoided if companies relocate manufacturing to the United States, promising expedited approvals.
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Video Credit: Oneindia - Published
News video: Trump slaps 35% tariff on Canada—Carney fires back as trade war threatens to explode before August 1

Trump slaps 35% tariff on Canada—Carney fires back as trade war threatens to explode before August 1 03:37

Tensions between the U.S. and Canada are boiling over as President Donald Trump announces a massive 35% tariff on Canadian imports, set to take effect August 1. Canadian Prime Minister Mark Carney vows to protect workers and industries, warning of strong retaliation. With Trump linking the tariffs to...

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