Trump threatens 30% tariffs on EU and Mexico
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7hon MSN
President Donald Trump has managed to make his erratic trade policies even more baffling to countries desperate to negotiate an escape from his wrath.
President Donald Trump posted letters to the leaders of Mexico and the European Union, saying they had not done enough to head off the new tariffs.
White House officials paused most of its country-specific tariffs in order to negotiate trade deals. “90 deals in 90 days,” they promised. The deadline has passed, but few deals have emerged. Now, Donald Trump is threatening to move forward with his tariffs.
President Trump is pushing through with his tariff agenda, unveiling a new batch of letters to country leaders outlining tariffs on goods imported from their countries beginning in August and a warning to BRICS nations.
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Rastegar Property Company CEO Ari Rastegar joins ‘Fox News Live’ to discuss President Donald Trump’s latest tariff announcement and the potential for Zohran Mamdani to be the next mayor of New York City.
Trump and his aides have repeatedly shifted their stance on tariffs since the president’s “Liberation Day” announcement.
Canada faces another set of tariffs in its ongoing trade talks with the U.S. However, in this latest round of tariff announcements, investors have learned to largely tune them out as negotiating bluster rather than policy commitments.
The White House concluded that non-tariff methods for punishing Brazil would take too long, two people familiar with the situation said.