The US will impose 30% tariffs on the EU and Mexico starting Aug. 1, President Donald Trump announced on Saturday.

In a post on Truth Social, Trump shared separate letters addressed to European Commission President Ursula von der Leyen and Mexican President Claudia Sheinbaum, announcing a 30% tariff on goods bound for the US from Europe and Mexico.

The letter puts US-EU trade talks at risk, as the bloc had aimed to finalize a comprehensive trade deal this month.

Earlier this week, Trump unveiled a new wave of tariffs, hitting countries such as Japan, South Korea, Canada and Brazil, while also imposing a 50% tariff on copper imports.