President Trump says the EU and Mexico will face a 30% U.S. tariff rate starting August 1st

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President Trump says the EU and Mexico will face a 30% U.S. tariff rate starting August 1st The potential impact of the new tariffs on key U.S. trading partners could be vast and bruising.

World

July 12, 20255:00 PM ET

Heard on All Things Considered

By 

Scott Detrow

, 

Elena Moore

President Trump says the EU and Mexico will face a 30% U.S. tariff rate starting August 1st

Audio will be available later today.

The potential impact of the new tariffs on key U.S. trading partners could be vast and bruising.

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