President Trump announced Saturday that imports from Mexico and the European Union will be subject to a 30% tariff starting on Aug. 1.
“Despite our strong relationship, you will recall, the United States imposed Tariffs on Mexico to deal with our Nation’s Fentanyl crisis, which is caused, in part, by Mexico’s failure to stop the Cartels, who are made up of the most despicable people who ever walked the Earth, from pouring these drugs into our country,” Trump wrote in a letter to Mexican President Claudia Sheinbaum, which was posted on Truth Social.
“Mexico has been helping me secure the border, BUT, what Mexico has done is not enough,” the president added. “Mexico still has not stopped the Cartels who are trying to turn all of North America into a Narco-Trafficking Playground.”
“Obviously, I cannot let that happen!”
Trump indicated the tariffs on Mexican goods will be “separate from all Sectoral Tariffs” and that ”goods transshipped to evade higher Tariffs will be subject to that higher Tariff.”