President Donald Trump announced on Saturday that the European Union and Mexico will face 30% tariffs, starting Aug. 1. ABC News Senior White House Correspondent Selina Wang breaks down the latest.

Mexico's President Sheinbaum expressed confidence in reaching an agreement while prioritising national sovereignty.

The U.S. president said the 30% rate was "separate from all sectoral tariffs," indicating 50% levies on steel and aluminum imports and a 25% tariff on auto imports would remain.

Donald Trump has imposed sweeping tariffs on the US' biggest trading partners as he declared trade deficits are a 'major ...

Multiple European leaders, as well as Mexican President Claudia Sheinbaum have responded to US President Donald Trump's ...

European Commission President Ursula von der Leyen comments on President Donald Trump’s new tariffs of 30% on goods from the ...

Trump also repeated his defense of potentially imposing tariffs on several countries. His statement comes just after he ...

The European Union (EU) and Mexico have expressed disappointment at US President Donald Trump’s threat to impose 30 percent tariffs on their imports from 1st of August. EU’s chief, Ursula von der ...