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% higher than what the president said he would apply to America's largest trading partner in April.

President Donald Trump has announced a 30% tariff for both the European Union (E.U.) and Mexico, with the charges set to come into effect on Aug. 1.

The deadline for the duties to go into effect are still three weeks, which may mean the announcements could be a negotiating move.

Mexico's President Claudia Sheinbaum reacted Saturday to a letter from U.S. President Donald Trump announcing new tariffs to be imposed on her country.

President Donald Trump has announced that the European Union and Mexico will face a 30% tariff on imports to the US from 1 August. He warned he would impose even higher import taxes if either of the US trading partners decided to retaliate.

European leaders sound off on the 30% tariffs U.S. President Donald Trump threatened to impose on the trade bloc.

The United States will start charging 30% tariffs on August 1 on products coming into the country from the European Union and Mexico, President Donald Trump confirmed in separate letters Saturday.

BRIDGEWATER, New Jersey (AP) — President Donald Trump on Saturday announced he’s levying tariffs of 30% against the European Union and Mexico. Trump announced the tariffs on two of the United States’ biggest trade partners in letters posted to his social media account.

President Trump's announcement came after weeks of negotiations with the key trading allies failed to reach a more comprehensive deal.