Trump announces 30% tariffs on Mexico, EU
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President Donald Trump has posted two new letters on his social media platform announcing tariffs on the European Union and Mexico.
U.S. President Donald Trump announced plans to impose new 30% tariffs on Mexico and the European Union effective from Aug. 1, launching the latest salvo in his ongoing trade war.
U.S. President Donald Trump's announcement of a proposed 50% tariff on copper imports has raised concerns in Chile and Peru, which together account for nearly 40% of global copper production.
A small company in northern Mexico had faced steep competition from China in making straps, plugs, fasteners, grommets, zip ties and clamps. Now, U.S. tariffs have driven a spike in his business.
Trump and his aides have repeatedly shifted their stance on tariffs since the president’s “Liberation Day” announcement.