Trump, tariff
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President Trump announcing new tariffs of 30% on Mexico and the European Union to start on August 1. European trade ministers are meeting today after pausing their retaliatory tariffs that were supposed to start today.
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President Donald Trump on Saturday announced 30 percent tariffs on all European goods entering the U.S., prompting pushback from European allies.
EU trade ministers have agreed that U.S. President Donald Trump’s 30% tariffs announced on the European Union are “absolutely unacceptable,” and they are studying a new set of countermeasures to respond to the move.
Economists say U.S. businesses are struggling to pay new tariffs, and they are starting to pass on the costs to American consumers.
The last time tariffs were this high, the number one job in the U.S. was "farm laborer," average life expectancy was 50 years, and there were five cars for every 1,000 people.
Wall Street is pointing lower before the opening bell with new tariffs announced for Europe and Mexico and as the unofficial start of earnings season get under way this week.
Scavino and two other top officials sold Trump Media stock with a combined value of up to $10 million before tariffs news
President Donald Trump said he's “disappointed but not done” with Russian President Vladimir Putin, following an announcement of renewed military support for Ukraine and a plan to target buyers of Russian oil with tariffs up to 100% if a deal to end the war isn’t reached within 50 days.