Trump announces 30% tariffs on Mexico, EU
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If a 30 percent tariff on Mexico goes into affect on August 1, a wide variety of foods will be more expensive, experts warn.
23hon MSN
BRIDGEWATER, New Jersey (AP) — President Donald Trump on Saturday announced he’s levying tariffs of 30% against the European Union and Mexico. Trump announced the tariffs on two of the United States’ biggest trade partners in letters posted to his social media account.
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.
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The Texas Tribune on MSNTexas lawmakers urge Trump to extend tomato trade agreement with MexicoThe 1996 agreement is set to expire Monday, which could raise the price of Mexican tomatoes and threaten thousands of Texas jobs.
If implemented, Trump's new 35 percent duties will be "separate from all Sectoral Tariffs," such as the 50 percent tariff on steel and aluminum imports. Trump also promised that, if Canada raises its own tariffs in response, then "whatever number [Canada chooses] to raise them by, will be added onto the 35% that [the U.S. charges]."
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President Musk Shutdown Scandal Is Getting Crazier, President's Mexico & Canada Tariffs Now Paused,President-Musk shutdown scandal keeps escalating. Meanwhile, President’s tariff moves toward Mexico and Canada just got paused.