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.

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.

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

US trading partners trying to navigate the final weeks of negotiations before President Donald Trump’s so-called reciprocal tariffs hit are facing a leader who has made clear he’s lost patience with talks.

President Donald Trump on Saturday threatened duties of 30% on products from Mexico and the European Union, two of America’s biggest trading partners, in an ongoing tariff campaign that’s upended global trade since he retook office in January.

The president posted letters to his EU and Mexican counterparts on his Truth Social account on Saturday morning.

Trump said that if the EU or Mexico retaliates with higher tariffs, "then, whatever the number you choose to raise them by, will be added on to the 30% that we charge." President Donald Trump said Saturday the U.

Canada would bear the brunt of Trump's tariffs in terms of economic contraction, says The Budget Lab of Yale.