The United States will implement 30% of rates for imports of the European Union and Mexico, from August 1, according to the chairman of the letters, Donald Trump, published on Saturday morning of social truth.
The ads occur in the midst of the specific duty of duty of Trump’s country, which cover many of the best commercial partners in the country, including Canada, Brazil, Japan and South Korea. All rates are scheduled to start on August 1.
In his letter to Mexico President Claudia Sheinbaum, Trump echoed much of the language of his previous letters, including threatening to increase rates in the event that Mexico was performed. He also attracted attention to security topics, such as the activity of Cartel in Mexico and his link to the United States Fentanyl traffic within the letter.
Since the beginning of March, the imports of Mexico, such as those of Canada, have been subject to a 25%rate, unless they are described for the treatment of the United States-Mèxic-Canada agreement.
The Saturday letter to Mexico does not clarify if the exemption from the USMCA will continue under the new rate rate, or if the duty of 35% will replace the original tax of 25%.
As the country’s specific rates were announced, Mexico officials have often sought to strengthen the bilateral relationship and ensure preferential treatment on rates instead of retaliating. To this end, Mexico officials met on Friday with North -American counterparts to establish a permanent working group that would constantly discuss key problems, including flash points such as security, migration, water management and economics, according to a statement on Saturday.
During this meeting, the United States informed Mexico that it would send a letter establishing new rates on August 1, according to a press release, which was jointly issued by the Ministries of the Economy and Foreign Affairs in Mexico. Mexico officials called the unfair action and said they did not agree, but they stated that one of the first objectives of the working group would be to look for an alternative before the date of implementation, according to the statement.
“It is very relevant to having established, since July 11, the necessary channels and space to resolve any possibility that new rates will come into force on August 1,” the statement said in Spanish. “In other words, Mexico is already in negotiations.”
Trump’s letter to EU President Ursula von der Leyen is also mostly identical to other versions he has shared this week, but includes a line not included in any previously published version.
“The European Union will allow complete and open access to the market in the United States, without chargeing any rates to try to reduce the great trade deficit,” says the letter. It is unclear whether it is a disposition to which the EU has agreed or a request from the President.
Currently, EU imports are facing a 10% initial duty to enter the United States. The Bloc is one of the many American commercial partners to try to navigate the Trump’s fare trade policy and negotiate with the White House to reduce homework.
“A 30% rate to EU exports would harm companies, consumers and patients on both sides of the Atlantic. We will continue to work on an agreement on August 1,” said Von der Leyen in a publication on Saturday X. “At the same time, we are ready to safeguard EU interests on the basis of proportional counterparts.”
In May, Trump said talks with the EU “go nowhere” and recommended a 50% rate to blog imports from July 9. The president has also threatened the rates in EU -specific products (including wine and champagne) and has collected homework aimed at main sectors such as steel, aluminum and car industry.
Since February, the United States -imposed rates barrier has affected 70% of EU’s total trade with the United States, said on Tuesday the President of the European Commission, Ursula von der Leyen, in a speech.
“The scale and extent of these measures are not preceded,” said Von der Leyen. “Our line has been clear. We will be firm. We prefer a negotiated solution. That is why we work closely with the United States administration to reach an agreement.”
The EU has been preparing its own measures if the ongoing fare negotiations are less than the objectives of the blog. Retaliation shares would affect imports of more than $ 100 billion and apply to a series of industrial and agricultural products.
The United States had a trade deficit of $ 236 million with the EU and a deficiency of $ 172 million with Mexico by 2024, by data from the United States International Trade Commission.
Edwin Lopez contributed to this article.
