Trump, Mexico and European Union
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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.
Mexico currently supplies around 70% of the U.S. tomato market, up from 30% two decades ago, according to the Florida Tomato Exchange.
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President Donald Trump has announced he’s levying tariffs of 30% against the European Union and Mexico starting Aug. 1.
While Mexico was spared from Trump's so-called "Liberation Day" tariff rollout on April 2, the 30% rate for the E.U. is 10 percentage points higher than what the president said he would apply to America's largest trading partner in April but lower than his mid-May threat of 50%.
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bne IntelliNews on MSNTrump's tariff threat stalls Mexico’s nearshoring boom and pressures Sheinbaum on crimeBy Alek Buttermann Donald Trump’s decision to slap a 30 percent tariff on Mexican exports that fall outside the US‑Mexico‑Canada Agreement (USMCA) has placed Mexican President Claudia Sheinbaum in a double bind,
The tariffs are likely to inflame tensions with one of the largest U.S. trading partners.
Trump announced he's levying tariffs of 30% against the European Union and Mexico starting Aug. 1. Mass protests planned for Trump state visit Mysterious 1,600-year-old settlement emerges from soil with rare Roman military finds Social Security alert issued about big change coming this fall Northern California county warns of ‘thick,
President Donald Trump posted letters to the leaders of Mexico and the European Union, saying they had not done enough to head off the new tariffs.
The president has earned a reputation for bluffing on tariffs. But he has steadily and dramatically raised U.S. tariffs, transforming global trade.