President Trump sends letters to EU and Mexico about imposing tariffs starting August 1st

More countries got letters over the weekend from President Trump, warning that stronger tariffs are on the way come August 1st.

The latest round was addressed to the European Union, along with Mexico. President Trump says both countries face 30 percent tariffs starting next month. His concerns with Mexico stem from illegal drug trafficking, something Trump claims Mexico has made little progress on.

Leaders at the EU says they have their own tariffs ready to go, saying they have remained committed to finding a deal forward.

LATEST STORIES BY THIS AUTHOR:

Success requires more than talent — on this week’s FFA Today, agriculture students show us the hard work, dedication, and teamwork required to gain important skills outside of the classroom through the National FFA Organization.
Federal assistance has helped, but the most recent row-crop losses remain on producers’ balance sheets.
OOIDA’s Lewie Pugh discusses the EPA’s new Right to Repair guidance and other regulatory developments impacting the trucking and agriculture industries.
Tyler Schuster is an ag industry advocate who mentors and supports the next generation, especially women finding their place in the cattle industry.
NCBA Chief Counsel Mary-Thomas Hart breaks down CAFO permits, EPA enforcement, and what cattle producers need to know as rules continue to evolve.
Rebuilding domestic textiles depends on automation and vertical integration, not tariffs or legacy manufacturing models.