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Trump slaps 30% tariff on Mexico and European Union after Canada reportedly delays duties
The deadline for the duties to go into effect are still three weeks, which may mean the announcements could be a negotiating move.
Trump announces tariffs of 30% on Mexico and the European Union
President Donald Trump on Saturday threatened duties of 30% on products from Mexico and the European Union, two of America’s biggest trading partners, in an ongoing tariff campaign that’s upended global trade since he retook office in January.
Trump Sets EU and Mexico Tariffs at 30%, Citing Trade Imbalance and Fentanyl
The president posted letters to his EU and Mexican counterparts on his Truth Social account on Saturday morning.
Trump's sudden shifts make his policies baffling to countries trying to negotiate lower tariffs
President Donald Trump has managed to make his erratic trade policies even more baffling to countries desperate to negotiate an escape from his wrath. Doubling down on his
Wall Street sees 35% Canada tariff as just a negotiation tactic: ‘Tariffs are Trump’s hammer for every nail’
Canada faces another set of tariffs in its ongoing trade talks with the U.S. However, in this latest round of tariff announcements, investors have learned to largely tune them out as negotiating bluster rather than policy commitments.
Trump Sets Canada’s Tariff Rate at 35%, May Hit Remaining Countries With 15%-20%
The president said the blanket 35% would be on top of tariffs on certain sectors. That’s higher than the previous 25% rate.
Trump unleashes more tariff threats and four big U.S. storms in less than a week: Morning Rundown
Plus, the Justice Department has subpoenaed 20 doctors and clinics involved in “performing transgender medical procedures on children.”
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