Trump announces 30% tariffs on Mexico, EU
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EU Is Delaying Retaliatory Tariffs on U.S. Goods
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The European Union will suspend retaliatory tariffs on U.S. goods scheduled to take effect Monday in hopes of reaching a trade deal with the Trump administration by the end of the month.
U.S. stock futures fell Sunday, a day after President Donald Trump threatened to impose new 30% tariffs against imports from Mexico and the European Union.
Kristi Noem says Trump wants FEMA 'remade,' and more tariffs are set for U.S. trade partners: Weekend Rundown Homeland Security Secretary Kristi Noem said President Donald Trump wants the Federal Emergency Management Agency “remade” rather than dismantled entirely.
S&P 500 futures lost 0.5%, while Nasdaq 100 futures dropped 0.6%. Futures for the Dow Jones Industrial Average fell 204 points, or 0.5%.
President Donald Trump released two tariff letters on Saturday, imposing duties of 30% on products from Mexico and the European Union.