{"id":489956,"date":"2025-07-13T09:38:56","date_gmt":"2025-07-13T04:38:56","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=489956"},"modified":"2025-07-13T09:38:56","modified_gmt":"2025-07-13T04:38:56","slug":"trump-intensifies-trade-war-with-30pc-tariffs-on-eu-and-mexico","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/trump-intensifies-trade-war-with-30pc-tariffs-on-eu-and-mexico\/","title":{"rendered":"Trump intensifies trade war with 30pc tariffs on EU and Mexico"},"content":{"rendered":"<p>ONLINE<br \/>\nWASHINGTON<br \/>\nUnited States President Donald Trump on Saturday imposed a 30 per cent tariff on imports from Mexico and the European Union beginning on August 1 after weeks of negotiations with the key trading allies failed to reach a more comprehensive trade deal.<br \/>\nThe fresh tariffs were announced in separate letters posted on Truth Social on Saturday.<br \/>\nEarlier this week, Trump issued new tariff announcements for a number of countries, including Japan, South Korea, Canada and Brazil, as well as a 50pc tariff on copper. The EU had hoped to reach a comprehensive trade agreement with the US for the 27-country bloc.<br \/>\nIt had been bracing for the letter from Trump outlining his planned duties on the United States\u2019 largest trade and investment partner after a broadening of his tariff war in recent days.<br \/>\nThe EU initially hoped to strike a comprehensive trade agreement, including zero-for-zero tariffs on industrial goods, but months of difficult talks have led to the realisation that it will probably have to settle for an interim agreement and hope something better can still be negotiated.<br \/>\nThe 27-country bloc is under conflicting pressures as powerhouse Germany urged a quick deal to safeguard its industry, while other EU members, such as France, have said EU negotiators should not cave into a one-sided deal on US terms.<br \/>\nTrump\u2019s cascade of tariff orders since returning to the White House has begun generating tens of billions of dollars a month in new revenue for the US government. US customs duties revenue shot past $100 billion in the federal fiscal year through to June, according to US Treasury data on Friday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ONLINE WASHINGTON United States President Donald Trump on Saturday imposed a 30 per cent tariff on imports from Mexico and the European Union beginning on August 1 after weeks of negotiations with the key trading allies failed to reach a more comprehensive trade deal. The fresh tariffs were announced in separate letters posted on Truth [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-489956","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Trump intensifies trade war with 30pc tariffs on EU and Mexico<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/trump-intensifies-trade-war-with-30pc-tariffs-on-eu-and-mexico\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trump intensifies trade war with 30pc tariffs on EU and Mexico\" \/>\n<meta property=\"og:description\" content=\"ONLINE WASHINGTON United States President Donald Trump on Saturday imposed a 30 per cent tariff on imports from Mexico and the European Union beginning on August 1 after weeks of negotiations with the key trading allies failed to reach a more comprehensive trade deal. The fresh tariffs were announced in separate letters posted on Truth [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/leadpakistan.com.pk\/news\/trump-intensifies-trade-war-with-30pc-tariffs-on-eu-and-mexico\/\" \/>\n<meta property=\"og:site_name\" content=\"Daily Lead Pakistan\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/DailyLeadPak\/\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-13T04:38:56+00:00\" \/>\n<meta name=\"author\" content=\"Web Desk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@DailyLeadPak\" \/>\n<meta name=\"twitter:site\" content=\"@DailyLeadPak\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Web Desk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" 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