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Trump announces new 30% tariffs on major US trade partners
BRIDGEWATER, N.J. (AP) — President Donald Trump on Saturday announced he’s levying tariffs of 30% against the European Union and Mexico starting Aug. 1, a move that could cause massive upheaval between the United States and two of its biggest trade partners.
President Announces 30% Tariffs on E.U. and Mexico
President Trump announced in letters posted to social media on Saturday that he would place a 30 percent tariff on goods from the European Union and Mexico, upending months of careful negotiations and disrupting America’s economic relationships with two of its biggest trading partners.
JOHANNESBURG (Reuters) -South African car exports to the United States dropped sharply in the first quarter of 2025, and ...
The US market is heavily reliant on imported copper, aluminum and steel, and developing new capacity could take years.
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Trump Says Tariffs Bringing 'A Lot Of Money' Into United StatesUS President Donald Trump said his tariffs are bringing "a lot of money" into the country as he spoke to reporters at Joint ...
Indonesia is leveraging a potential $10 billion oil and fuel import deal to pressure the U.S. into lowering steep tariffs on ...
A 50% tariff on imported copper is set to take effect Aug. 1, and global markets are already responding. Copper is a critical material used in home construction, semiconductor chips and electric ...
Most nations are still negotiating in hopes of avoiding punitive import taxes. At the same time, they’re looking for trading ...
The Dow, S&P 500 and Nasdaq retreat from record highs as President Trump rolled out a fresh tariff against Canada, following ...
The EU – the United States' biggest trading partner – had been scheduled to impose "countermeasures" starting Monday at ...
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President Donald Trump prides himself on being a dealmaker, but his negotiating style is more ultimatum than compromise. In ...
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