Trump reveals 30% fee for EU members, goods from Mexico

Trump reveals 30% fee for EU members, goods from Mexico

US President Donald Trump announced on Saturday that his administration would set a 30% fee for goods from Mexico and members of the European Union starting on August 1st. Trump posted separate letters on the Social Truth addressed to Mexican President Claudia Shanebaum Pardo and European Commission President Ursula von der Leyen [...]

Trump posted separate letters on the Social Truth to Mexican President Claudia Shanebaum Pardo and European Commission President Ursula von der Leyen by informing them of the tariffs, writes The Hill, broadcast Periscope.

In his letter to Sheinbaum Pardo, Trump cited the course of the phentanili across the southern border, which was the original basis for a 25% fee he decided on Mexican goods earlier this year.

“Mexica has helped me secure the border, POR, what Mexico has done is not enough”, the president wrote.

The United States had previously set a 25% fee for Mexican goods, although Trump later ruled out products covered by the 2020 trade deal reached between the US, Canada and Mexico. It is not clear whether these exceptions will continue to apply as of August 1st.

The letter to von der Leyen focused on commercial concerns. In the past, Trump has claimed that the European Union has long been unjust to the US and that the bloc of nations was created to destroy “destroyed” America.

“We've had years to discuss our trade relationship with the European Union and we have concluded that we must leave these long-term, large and constant trade deficits, caused by your policies and trade barriers tariff and non-tariff”, the president wrote.

The US Record Bureau's data shows that Mexico has been the main trade partner with the US so far this year. EU members such as Germany, Italy, France and the Netherlands were also among the top 15 countries.

Trump this week has posted letters to social media submitted to more than a dozen countries, pledging to set high tariffs for their imports starting on August 1st. These tariffs will take effect after an initial round of obligations unveiled in April was suspended for 90 days to set aside time for negotiations.

But the US has brokered only a trade agreement with the United Kingdom during that time and has announced the framework of agreements with China and Vietnam. /Periscope

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