Leaders from both economies had been trying to negotiate more favorable terms, only to have those efforts blown up by form letters.

President Donald Trump has announced a 30% tariff for both the European Union (E.U.) and Mexico, with the charges set to come into effect on Aug. 1.

President Donald Trump released two tariff letters on Saturday, imposing duties of 30% on products from Mexico and the European Union.

In a letter to Mexico’s president, Claudia Sheinbaum, Mr. Trump said that Mexico was not doing enough to curb the flow of fentanyl into the United States and cited that as the reason for the tariffs. Mr. Trump added that Mexican companies were welcome to manufacture their products in the United States to avoid the tariffs.

While Mexico was spared from Trump's so-called "Liberation Day" tariff rollout on April 2, the 30% rate for the E.U. is 10% higher than what the president said he would apply to America's largest trading partner in April.

President Donald Trump on Saturday announced he's levying tariffs of 30% against the European Union and Mexico starting Aug. 1, a move that could cause massive upheaval between the United States and two of its biggest trade partners.

When it comes to the U.S. president, the vast majority of Mexican adults (91%) say they have little to no confidence in Trump to do the right thing regarding world affairs. By comparison, a smaller majority of Mexicans (60%) expressed little or no confidence in Biden in 2024.

Last night marked the last time that the U.S. Men’s National Soccer Team will play a competitive game before that huge tournament. The U.S. came up short, losing 2-1 in the final of the Gold Cup against Mexico, a match that wasn’t even as close as the score suggests.

Mexico claimed its record 10th Gold Cup title with a 2-1 comeback victory over the United States, overcoming Chris Richards' early goal with strikes from Raul Jimenez and Edson Alvarez.

On Saturday morning, Trump posted letters to his Truth Social account outlining his plans to impose 30% tariffs on goods coming into the United States from Mexico and the European Union starting next month, leaving a short window for potential trade deals before that deadline.

The U.S. has closed its southern border again to livestock imports, saying that a flesh-eating parasite has moved further north in Mexico than previously reported.