Categories: Social Media News

Trump announces 30% tariffs against EU, Mexico to begin August 1

BRIDGEWATER, N.J. (AP) — President Donald Trump on Saturday announced he’s levying tariffs of 30% against the European Union and Mexico starting Aug. 1, a move that could cause massive upheaval between the United States and two of its biggest trade partners.

Trump detailed the planned tariffs in letters posted to his social media account. They are part of an announcement blitz by Trump of new tariffs aimed at allies and foes alike, a bedrock of his 2024 campaign that he said would set the foundation for reviving a U.S. economy that he claims has been ripped off by other nations for decades.

ARTICLE CONTINUES BELOW
Social Media Asia Editor

Recent News

China’s Moore Threads to unveil AI chip road map to rival Nvidia’s CUDA system

Founder, chairman and CEO Zhang Jianzhong will unveil the Beijing-based firm’s fifth-generation GPU architecture during…

13 hours ago

Chinese Woman Hangs From 10th-Floor Window To Escape ‘Shirtless’ Man’s Wife: ‘Why Risking Life For An Idiot?’

Curated By :Last Updated:December 10, 2025, 14:22 ISTIn the footage, the woman is seen hanging…

14 hours ago

‘Tramples on democracy’: Beijing slams Taiwan’s year-long Xiaohongshu ban

“It tramples on democracy, obstructs freedom, and brutally deprives Taiwanese - especially the youth -…

14 hours ago

Why China may restrict Nvidia’s H200 chips even after Trump approves exports

Why China may restrict Nvidia’s H200 chips even after Trump approves exports Just days after…

14 hours ago

WW3 fears as fighter jets scrambled to intercept Russia-China patrol

Japan and South Korea scrambled fighter jets to protect their skies after Russia and China…

14 hours ago

Wait, Did BLACKPINK’s Jennie Set The Philippines Concert On Fire In That Red Outfit?

Published By :Last Updated:December 10, 2025, 13:55 ISTThe K-pop icon was seen donning a striking…

14 hours ago