Source: Financial Times [UK]
“Donald Trump said he would impose tariffs of 30 per cent on [American buyers of goods from] Mexico and the EU from August 1 in a move that would further damage US relations with two of its closest trading partners. The president issued the new tariff threats in two letters posted to Truth Social on Saturday morning. While the letter to the EU followed a similar template to more than 20 other threatening missives the US president has posted this week, Trump also accused Mexico of ‘failing to stop the Cartels.'” (07/12/25)