Trump announces 30% tariffs on EU as trade war intensifies

President Donald J. Trump speaks at a roundtable discussion at the Community Emergency Operations Center in Kerrville, Texas, Friday, July 11, 2025. (Ricardo B. Brazziell/Austin American-Statesman via AP)

Goods imported from both the European Union (EU) and Mexico will face a 30% US tariff rate starting August 1, US president Donald Trump said in letters posted to his social media platform on Saturday.

The EU had hoped to reach a comprehensive trade agreement with the US for the 27-country bloc.