In July 2025, US President Donald Trump escalated the trade conflict again, threatening to impose high import tariffs on key partners—the EU, Mexico, Canada, and others. These measures include: 1. 30% tariffs on goods from the EU and Mexico starting August 1, 2025. Officially announced on July 12, Trump stated the US would apply broad tariffs including to Canada, Mexico, China, Japan, and Brazil (reuters.com, eurointegration.com.ua). A week earlier, the EU had already expressed serious concern: Trade Commissioner Maroš Šefčovič said the measures would 'virtually eliminate' transatlantic trade worth €4.4 billion daily (theguardian.com). 2. Expansion of tariffs to 20–50% on 23 countries, including Canada, Japan, Brazil, India, etc., as part of a broader trade pressure (reuters.com). Also proposed is a 500% tariff on countries continuing to import Russian oil and uranium—an initiative by Senators Lindsey Graham and Richard Blumenthal (economictimes.indiatimes.com). This aims to cut war financing for Ukraine. 3. Letters of warning and some tariff delays. According to Meduza, Trump sent official letters threatening tariff hikes, though some actions were postponed to avoid market panic (apnews.com, meduza.io). For example, the Canadian tariffs were delayed until August. Consequences: Impact on global trade and supply chains; market volatility; drop in pharma stocks due to 200% tariff rumors (lenta.profinansy.ru); judicial setbacks as US courts overturn some tariffs (rbc.ru, ru.wikipedia.org); European retaliation plans with countermeasures (ru.wikipedia.org). Overall, Trump’s announcement is part of a broader 'trade war' strategy targeting trade imbalances, geopolitical rivals, and pressuring allies into concessions on defense and energy policy.