Trump says EU and Mexico face 30% tariff from August

President Donald Trump has declared that the European Union and Mexico will face a 30% tariff on imports to the US starting August 1st. Trump highlighted trade deficits and policies as reasons for the tariffs, aiming to move away from longstanding imbalances. While the EU and Mexico face these tariffs, efforts are ongoing to reach agreements before the August 1st deadline to mitigate trade tensions.