Trump Imposes 30% Tariffs on EU and Mexico Imports Starting August 1: What It Means for Global Trade

President Donald Trump announced a sweeping new tariff policy imposing up to 30% duties on imports from the European Union and Mexico, effective August 1. The announcement comes amid growing concerns over trade imbalances, yet U.S. stock markets remained near record highs, signaling short-term investor confidence.

Author: Global Ripple

Posted on: July 14, 2025