BRIDGEWATER, New Jersey (AP) — President Donald Trump on Saturday announced he’s levying tariffs of 30% against the European Union and Mexico. Trump announced the tariffs on two of the United States’ biggest trade partners in letters posted to his social media account.

The Switzer Report founder Peter Switzer has discussed the retaliatory tariffs on US exports being delayed by the European Union. This comes after US President Donald Trump wrote a letter to EU President Ursula von der Leyen announcing his 30 per cent tariff imposition coming August 1.

U.S. President Donald Trump announced plans to impose new 30% tariffs on Mexico and the European Union effective from Aug. 1, launching the latest salvo in his ongoing trade war.