Key Facts
• July 12, 2025: Trump announces 30% tariffs on Mexico and EU.
• Mexico criticized for insufficient fentanyl and illegal immigration measures.
• March 2025: 25% tariffs imposed on Mexico for fentanyl-related issues.
• EU criticized for long-term trade deficits and lack of reciprocity.
• April 2025: Initial EU tariff rate set at 20%, later raised to 50% in May.
• July 9, 2025: Deadline for negotiations; no agreement reached.
• EU Commission President von der Leyen pledges to protect EU interests.
• EU to hold ministerial meeting on July 14 to discuss U.S. tariffs.
Summary
On July 12, 2025, former President Donald Trump announced 30% tariffs on Mexico and the European Union (EU). Mexico was criticized for inadequate measures against fentanyl trafficking and illegal immigration, following a 25% tariff imposed in March. Trump also targeted the EU for its significant trade deficits and lack of reciprocity, raising tariffs from an initial 20% in April to 50% in May before settling at 30%. Negotiations failed to meet the July 9 deadline, prompting the tariff hike. EU Commission President Ursula von der Leyen responded by affirming the EU’s readiness to protect its interests and consider countermeasures. A ministerial meeting is scheduled for July 14 to address the U.S. tariffs.
