Trump wrote that each country will face a blanket tariff rate of 30% on all goods exported to the U.S. starting Aug. 1.

U.S. President Donald Trump announced on Saturday a 30% tariff rate for goods imported from the European Union and Mexico, starting on August 1.

European Union Commission President Ursula von der Leyen responded by noting the bloc's “commitment to dialogue, stability, and a constructive transatlantic partnership.”