The Trump administration has sent an official notice of a 30% tariff to Mexico and the European Union, starting from August 1, and warned that the tax could increase if adequate responses are not received.
This move aims to stop the flow of fentanyl into the United States from Mexico and adjust the trade balance with the EU. This is no longer an empty threat but a legal decision targeting many other countries as well.
MAIN CONTENT
Trump imposes high tariffs on Mexico, the EU, and many other allies starting August 1.
Countries like South Korea, Japan, Canada, and Brazil are also significantly affected.
The U.S. administration uses tariffs as a political tool and negotiation pressure with partners.
What is Trump's aim in sending tax notifications to Mexico and the EU?
The 30% tax announcement was sent directly to cut the fentanyl flow from Mexico and balance trade with the EU, showing a hardline no-negotiation stance.
According to analysts, Trump's decision is based on reports that the amount of fentanyl imported from Mexico is causing a healthcare crisis in the United States, while the U.S. is facing a significant trade deficit with the EU. The lack of opening negotiations signals a deterrent move.
"We are no longer patient with countries that violate and will impose strong tariffs to protect the United States."
Donald Trump, President of the United States, July 2025
Why are allies like South Korea, Japan, Canada, and Brazil also being taxed?
Trump expands the list of tariffs to many partners due to stalled trade negotiations and unmet political demands.
For example, Brazil is subject to a 50% tariff not for trade reasons but due to political pressure related to lawsuits against former President Jair Bolsonaro. Canada faces a 35% tariff, despite making efforts for active negotiations, according to U.S. officials. South Korea and Japan are also re-imposing tariffs due to delays in negotiations.
"Countries need to negotiate fairly if they want to avoid these tariffs."
Peter Navarro, White House trade advisor, stated on Bloomberg, July 2025
What led Trump to decide to extend and simultaneously impose new tariffs?
The extension from July 9 to early August is accompanied by new tariffs such as 50% on copper and up to 200% on pharmaceuticals to increase trade pressure.
At a cabinet meeting, Treasury Secretary Scott Bessent stated that the U.S. is recording record import tax revenue, prompting Trump to further strengthen tariffs with the goal of protecting domestic manufacturing and changing the trade balance.
Country New Tariff (%) Reason for Tariff Notes Mexico 30 Anti-fentanyl Starting August 1, 2025 European Union (EU) 30 Unfair Trade Starting August 1, 2025 Canada 35 Delayed Negotiations Excluding energy and USMCA products, imposing 10% Brazil 50 Political Pressure Due to demands to halt lawsuits against former president South Korea & Japan Unclear specifics Delayed Negotiations Still awaiting further proposals
What is the reaction of the taxed countries and the effectiveness of this measure?
Many countries are rushing to negotiate to minimize damage, but uncertainty and a hardline attitude leave many partners confused.
Only three trade agreements have been confirmed to date, including with the UK, Vietnam, and a 'tax ceasefire' with China. However, these agreements still have many unclear points, for example, the UK is facing issues with metals while Vietnam feels that the higher-than-expected tariffs are more punitive than collaborative.
Frequently Asked Questions
Why did Trump choose to impose a 30% tariff on Mexico and the EU? This tariff is aimed directly at stopping the flow of fentanyl from Mexico and countering unfair trade with the EU, according to an official White House announcement in 2025. How are allied countries like Canada and Japan affected? Canada is subjected to a 35% tariff (excluding energy and USMCA goods), while Japan is under negotiation pressure and the tariff may be announced later. Could the tax measures cause partners to change their stance? The high tariffs with warnings of further increases continue to pressure countries to negotiate fairly and comply with U.S. demands. Is there an opportunity for further negotiations beyond the announced tariff? Trump's advisor stated that the negotiation door is still open, but time is very limited, requiring quick compliance with U.S. government demands. How does the decision to impose tariffs impact politics? Trump uses tariffs as a tool for political pressure, for example, with Brazil to force the end of lawsuits against former President Bolsonaro.
Source: https://tintucbitcoin.com/han-chot-thuong-mai-trump-gay-sot-tien-so/
Thank you for reading this article!
Please like, comment, and follow TinTucBitcoin to stay updated on the latest news about the cryptocurrency market and not miss any important information!