Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
EU, Mexico to face 30% tariffs from next month: Trump
Gulf Today
|July 13, 2025
President Donald Trump on Saturday threatened to impose a 308 tariff on imports from Mexico and the European Union starting on August I, after weeks of negotiations with the key US allies and top trading partners failed to reach a comprehensive trade deal.
-
In an escalation of the trade war that has angered US allies and rattled investors, Trump announced the latest tariffs in separate letters to European Commission President Ursula von der Leyen and Mexico's President Claudia Sheinbaum posted on Truth Social on Saturday.
Both the EU and Mexico responded by calling the tariffs unfair and disruptive while pledging to continue to negotiate with the US for a broader trade deal before the August deadline.
The European Union and Mexico are among the largest US trading partners.
Trump has sent similar letters to 23 other US trading partners this week, including Canada, Japan and Brazil, setting blanket tariff rates ranging from 208 up to 508, as well as a 508 tariff on copper.
Trump said the 308 tariff rate was “separate from all sectoral tariffs”, which means 5O8 levies on steel and aluminium imports and a 258 tariff on auto imports would remain at those levels.
The August | deadline gives countries targeted by Trump's letters time to negotiate a trade deal that could lower the threatened tariff levels.
This story is from the July 13, 2025 edition of Gulf Today.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Gulf Today
Gulf Today
Few men would face top woman: Kyrgios ahead of Sabalenka clash
Nick Kyrgios believes few male players would accept the chance to face a top woman as the maverick Australian prepares to take on women's world number one Aryna Sabalenka in a 'Battle of the Sexes' exhibition later this month.
2 mins
December 19, 2025
Gulf Today
India have been the better team in T20Is, says Steyn ahead of final clash
The ongoing India-South Africa series remains fiercely contested, with two possible outcomes before the final game: South Africa drawing level at 2-2 or India winning it 3-1, and former Proteas fast bowler Dale Steyn opined that India have 'been the better team' so far in the three games played.
1 mins
December 19, 2025
Gulf Today
Tecom launches Dhs615 million Innovation Hub
DUBAI: Tecom Group, the creator of specialised business districts and vibrant communities in Dubai, has launched Phase 4 of Innovation Hub in Dubai Internet City to address rising demand for Grade-A office spaces from global multinational companies in vital, future-focused economic sectors.
1 min
December 19, 2025
Gulf Today
An dominates, Yamaguchi battles through in season finale
South Korea’s An Se-young dominated Tomoka Miyazaki 21-9 21-6 at badminton’s World Tour Finals in Hangzhou on Thursday to continue her chase for a second title at the season finale.
1 mins
December 19, 2025
Gulf Today
Lanka plans $1.6b in cyclone recovery spending in 2026
Sri Lanka's government announced plans on Thursday for $1.6 billion in extra spending in 2026 to fund the country’s recovery from Cyclone Ditwah, which killed more than 640 people.
1 mins
December 19, 2025
Gulf Today
Safonov stars as PSG sink Flamengo to win Intercontinental Cup title
Paris St Germain (PSG) goalkeeper Matvey Safonov saved four penalties in a dramatic shootout to hand the French champions the Intercontinental Cup title after a hard-fought II draw with Flamengo in the final on Wednesday.
2 mins
December 19, 2025
Gulf Today
Violations in field of health insurance explained
Issues of fraud in the field of health insurance are endless, either by service providers in various health facilities with their multiple specialties who exaggerate in requesting tests, analyses, and treatment plans, or by beneficiaries who try to find any means to maximise their benefit from insurance coverage at the lowest possible cost, and then health insurance companies that do their utmost to evade paying for the services provided by offering illogical or at least unconvincing justifications to patients and visitors.
1 mins
December 19, 2025
Gulf Today
Federal decree issued on National Media Authority
The UAE Government has issued a Federal Decree-Law establishing and organising the National Media Authority, as a federal public entity affiliated to the UAE Cabinet.
1 mins
December 19, 2025
Gulf Today
Our daughters raised Sharjah's flag high with victory in Kuwait: Jawaher
Her Highness Sheikha Jawaher Bint Mohammed Al Qasimi, Wife of His Highness the Ruler of Sharjah and Chairperson of the Sharjah Family and Community Council, received on Wednesday evening, at Al Badee' Palace, the players of the Sharjah Women's Sports Club volleyball team following their historic victory at the inaugural West Asia Women's Volleyball Clubs Championship.
2 mins
December 19, 2025
Gulf Today
Mbappe excels as Real beat lowly 3rd-tier Talavera in Spanish Cup
A Kylian Mbappe brace helped Real Madrid avoid an upset at third-tier Talavera as Xabi Alonso's side scraped home 3-2 to stamp their ticket into the Spanish Cup last 16 on Wednesday.
2 mins
December 19, 2025
Listen
Translate
Change font size