Trump announces 30% tariffs for Mexico and EU starting next month

News Snapshot:

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. The letter is one of dozens the...