Trump announces 30% tariffs on EU
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Businesses typically pass tariff costs onto consumers through higher prices. Sometimes, that process is less subtle.
President Donald Trump released two tariff letters on Saturday, imposing duties of 30% on products from Mexico and the European Union.
President Donald Trump has posted two new letters on his social media platform announcing tariffs on the European Union and Mexico.
President Donald Trump's second-term economic plan can be summed up in one word: tariffs. As he unleashed a barrage of those import taxes, markets trembled and business leaders sounded alarms about the economic damage they would cause.
U.S. President Donald Trump has launched a global trade war with an array of tariffs that target individual products and countries. Trump has set a baseline tariff of 10% on all imports to the United States,
President Trump is again amping up his trade threats, unveiling a new batch of letters to country leaders outlining tariffs on goods imported from their countries beginning in August. The highlight of his letter barrage late Wednesday was his announcement of a coming 50% tariff on goods from Brazil in a letter sent to its president,
A small company in northern Mexico had faced steep competition from China in making straps, plugs, fasteners, grommets, zip ties and clamps. Now, U.S. tariffs have driven a spike in his business.
Trump said on Tuesday that he would impose a 50% tariff on copper. Though the remarks were light on specifics, his comments sent the metal to all-time highs.