Trump, Mexico and Tariff
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19hon MSN
President Donald Trump has announced he’s levying tariffs of 30% against the European Union and Mexico starting Aug. 1.
President Donald Trump expanded his tariff threats over the weekend, calling for 30% levies on two of America’s largest trading partners: the European Union and Mexico.
While Mexico was spared from Trump's so-called "Liberation Day" tariff rollout on April 2, the 30% rate for the E.U. is 10 percentage points higher than what the president said he would apply to America's largest trading partner in April but lower than his mid-May threat of 50%.
The percentage of Mexicans who approve of the U.S. has dropped 32 points since President Donald Trump returned to office in January, according to a Pew survey.
Leaders from both economies had been trying to negotiate more favorable terms, only to have those efforts blown up by form letters.
The United States will play Venezuela and Australia in a pair of friendlies in October as part of its preparation for the 2026 World Cup, U.S. Soccer announced on Monday.
Mexico claimed its record 10th Gold Cup title with a 2-1 comeback victory over the United States, overcoming Chris Richards' early goal with strikes from Raul Jimenez and Edson Alvarez.
This Sunday, July 6, the United States Men’s National Team, led by Mauricio Pochettino, will face off against Mexico, coached by Javier Aguirre, in the 2025 Gold Cup
Traders in the around-the-clock currency market showed little anxiety over President Donald Trump's weekend tariff threats against the European Union and Mexico, with the euro and peso hol