Over the weekend, President Donald Trump threatened to put a 30 percent tariff on imported goods from Mexico and Europe beginning on August 1, 2025. The move comes after weeks of negotiations that have not concluded in a comprehensive trade deal. The President announced the threats in separate letters to Mexican and EU leaders. Those letters were posted on his Truth Social media site on Saturday.
Reports show the EU and Mexico are among the largest trading partners for the U.S. and responded by calling the tariffs unfair and disruptive while pledging to continue to negotiate with the U.S. for a broader trade deal before the deadline. The effect on U.S. agriculture could be significant. U.S. Department of Agriculture data says Mexico made up 69 percent of America’s vegetable imports and 51 percent of fresh fruit imports. With short shelf lives, produce could see price hikes faster than other goods.
-NAFB