Trump announces 30% tariffs on Mexico, EU
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If a 30 percent tariff on Mexico goes into affect on August 1, a wide variety of foods will be more expensive, experts warn.
President Donald Trump released two tariff letters on Saturday, imposing duties of 30% on products from Mexico and the European Union.
President Trump announced on social media that he is levying 30% tariffs against Mexico and the European Union. They are set to begin on August 1.
President Donald Trump has posted two new letters on his social media platform announcing tariffs on the European Union and Mexico.
Businesses typically pass tariff costs onto consumers through higher prices. Sometimes, that process is less subtle.
Economists and investors are left guessing by President Donald Trump’s tariff agenda as he grants extensions then threatens higher tariffs in letters to trading partners. It remains to be
President Donald Trump's second-term economic plan can be summed up in one word: tariffs. As he unleashed a barrage of those import taxes, markets trembled and business leaders sounded alarms about the economic damage they would cause.
President Trump is again amping up his trade threats, unveiling a new batch of letters to country leaders outlining tariffs on goods imported from their countries beginning in August. The highlight of his letter barrage late Wednesday was his announcement of a coming 50% tariff on goods from Brazil in a letter sent to its president,