US threatens to impose 30% tariffs on EU and Mexican goods
15.07.2025 2425

US threatens to impose 30% tariffs on EU and Mexican goods

Last Saturday, US President Donald Trump sent letters to the European Union (EU) and Mexico threatening to impose 30% tariffs on their goods from August 1.

It comes after weeks of failed negotiations with major US trading partners on a comprehensive trade agreement. Similar letters were sent to 23 other trading partners, including Japan and Brazil, and tariffs of between 20% and 50% were imposed.

"Letters are agreements. Agreements have been made. No agreements need to be made," Trump told reporters at the White House on Monday, while noting that the administration remains open to dialogue.

The EU and Mexico have previously described the tariffs as unfair and destructive, while pledging to continue negotiations on a broader trade deal with the US before the deadline. The EU is preparing to step up its engagement with other countries affected by Trump's trade agenda and has warned of possible retaliation.

Marina Shumilina

Subscribe and follow the latest news from Shoes Report on our official telegram channel EuroShoes_ShoesReport    

Last Saturday, US President Donald Trump sent letters to the European Union (EU) and Mexico threatening to impose 30% tariffs on their goods from 1…
5
1
Rating

Latest News

EKONIKA has released a polka-dotted spring capsule collection.

EKONIKA is delighting us with another exciting project. The brand has unveiled a new spring capsule collection of Moving Dots footwear and accessories. The capsule is dedicated to one of the most recognizable prints of the 50s and a key trend of the season—the graphic polka print.
12.02.2026 220

Companies in Europe will be banned from destroying clothing and footwear.

The European Commission has adopted new ecodesign measures that will ban large companies operating in the European Union from destroying unsold shoes and clothing from 19 July 2026, in a bid to curb the practice, which generates CO2 emissions annually, in…
11.02.2026 345

In 2025, the volume of retail space commissioned in Moscow will double.

According to NF GROUP, the total volume of retail space coming online in Moscow will reach 197,9 square meters in 2025, almost double the 2024 figure.
10.02.2026 487

Business breakfast at the CPM exhibition

Vladimir Mukhin and Boris Zarkov's renowned contemporary Russian restaurant, White Rabbit, which was included in the Michelin Guide in 2022, hosted the traditional business breakfast of the industry's largest international exhibition on February 5.
09.02.2026 622

A new collaboration between luxury and sports brands has been released: Thom Browne x Asics.

With the collaboration with Asics, the American brand Thom Browne, committed to classic style, has added its first sneakers to its collection.
09.02.2026 922
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning