Mexico, Donald Trump and European Union
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European Union, tariff
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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.
President Donald Trump announced new tariffs on the European Union and Mexico that will take effect on Aug. 1.
President Donald Trump released two tariff letters on Saturday, imposing duties of 30% on products from Mexico and the European Union.
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Daily Express US on MSNDonald Trump imposes 30% tarrifs on EU and Mexico and makes blistering claim at MexicoThe decision was made to impose new, higher tariffs as he claimed the countries were taking advantage of the US. The tariffs 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.
President Trump said he plans to impose blanket levies of 15% to 20% on most trading partners that haven't yet received suggested tariff rates. That would be higher than the 10% baseline currently in effect.
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The U.S. dollar rose against major currencies including the yen and euro as President Donald Trump rekindled trade tensions with new tariffs on Canada and other trading partners. Trump issued a letter late on Thursday that said a 35% tariff rate on all imports from Canada would apply from August 1.