Trump, Tariffs
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A threatened 30% tariff on European wines would hurt many U.S. companies while hiking prices at home and in restaurants, industry experts warn.
President Trump announced on social media that he is levying 30% tariffs against Mexico and the European Union. They are set to begin on Aug. 1.
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.
The Associated Press on MSN13d
Trump Announces 30% Tariffs On European Union And Mexico As Trade War Ramps Up AgainBRIDGEWATER, 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 on Saturday announced 30 percent tariffs on all European goods entering the U.S., prompting pushback from European allies.
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Stocktwits on MSNVolkswagen CEO Hopes To Score A Better Tariff Deal With Trump After Taking A $1.5B Hit: ReportCEO Oliver Blume on Friday reportedly expressed hope that the automaker’s “attractive” investments in the U.S. would help the company score a better tariff deal with President Donald Trump. Speaking to investors after Volkswagen reported results for the first half of 2025,
Economists had already downgraded growth for the European Union, and the new duties would hit industries there especially hard. Companies are looking for ways to blunt the impact.
Trump has spent the past several days sending letters to world leaders about new tariffs the United States would be imposing on them.
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.
Mexico did not face a new tariff on April 2, the day of Trump's so-called "Liberation Day" tariff rollout. There remains a 25% tariff on non-USMCA-compliant goods from Canada and Mexico, as well as a 50% tariff on steel, aluminum and derivative products.
Hungary's populist prime minister has spent years building a close political relationship with U.S. President Donald Trump and aligning himself with the MAGA movement. But despite Viktor Orbán's success in gaining favor with the culturally conservative and nationalist wing of Trump's administration,