Mexico, Donald Trump and European Union
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Elsewhere, Trump found time to once again pressurise Federal Reserve chairman Jerome Powell to either cut interest rates or resign. He received Binyamin Netanyahu in the White House on Monday. Sunday marked a year to the day since the assassination attempt as he gave a rally in Butler, Pennsylvania.
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% higher than what the president said he would apply to America's largest trading partner in April.
President Donald Trump on Saturday announced 30 percent tariffs on all European goods entering the U.S., prompting pushback from European allies.
White House National Economic Council Director Kevin Hassett said President Donald Trump has seen outlines of trade deals ahead of the Aug. 1 tariff deadline. “The bottom line is that he’s seen some sketches of deals that had been negotiated with Howard Lutnick and the rest of the trade team,
In an interview with ABC News, Kevin Hassett was also pressed on the president's decision to hit imports from Brazil with steep tariffs.
When a U.S. president threatens your industry with a 200% tariff, that’s not typically good news.But since Tuesday, when Donald Trump said in a cabinet meeting that imported pharmaceuticals would face a massive levy,
Many economists already believe it’s a matter of time before Americans start to see sticker shock from the tariffs President Donald Trump has enacted. That timeline could speed up even more if Trump follows through with his latest package of tariff threats slated to take effect in three weeks.
In a wide-ranging interview with NBC News, Trump talked about tariffs, sending Patriot missiles to NATO for Ukraine and how he'll sell his recently passed "big, beautiful bill."
37mon MSN
White House Economic Council Director Kevin Hassett defends Trump's 50% copper tariff, citing national security concerns and domestic production.