Mexico, Donald Trump and European Union
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President Trump has forged ahead with the grand and potentially disruptive economic experiment that he previewed during the 2024 campaign.
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President Donald Trump prides himself on being a dealmaker, but his negotiating style is more ultimatum than compromise. In the last week, Trump has slapped trading partnerswith tariffs rather than slog through prolonged talks to reach agreements.
Most nations are still negotiating in hopes of avoiding punitive import taxes. At the same time, they’re looking for trading partners as a way around the United States.
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Also at the multiplex is “Eddington,” a dark comedy billed as a contemporary Western starring Joaquin Phoenix, Emma Stone and Pedro Pascal. On the family-friendly front is the animated “Smurfs,” featuring the voices of Rihanna, James Corden and Nick Offerman.
President Donald Trump has been sending letters to countries outlining higher tariffs they’ll face if they don’t make trade deals with the U.S. by Aug. 1.
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Markets previously brushed off tariff risks under the assumption that President Donald Trump would follow his earlier pattern and eventually retreat. That allowed stocks to reach new record-high territory,
President Donald Trump has posted two new letters on his social media platform announcing tariffs on the European Union and Mexico.
A senior German politician said on Sunday the European Union and Washington could negotiate further and postpone higher import duties after U.S. President Donald Trump ramped up the trade war by threatening a hike in tariffs on the bloc.