President Trump put the European Union and Mexico on notice on Friday that they will begin paying steep tariffs to the United States on August 1. The President has sent letters to a number of countries in recent days, imposing additional tariffs that are set to be paid starting on August 1. In letters to both the EU and Mexico, dated July 11, the President told them that they will face 30% tariffs on all imports to the United States. He threatened both parties that if they decide to retaliate and raise their tariffs, “whatever the number you choose to raise them by, will be added onto the 30% that we charge.” Trump posted the letters to his Truth Social on Saturday morning. In his…
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