Trump announces 30% tariffs against EU, Mexico
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Trump Ramps Up Tariffs
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The future of industrial towns like Scunthorpe and Port Talbot may rest on the wider fate of the UK's steel industry.
US trading partners trying to navigate the final weeks of negotiations before President Donald Trump’s so-called reciprocal tariffs hit are facing a leader who has made clear he’s lost patience with talks.
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.
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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White House officials paused most of its country-specific tariffs in order to negotiate trade deals. “90 deals in 90 days,” they promised. The deadline has passed, but few deals have emerged. Now, Donald Trump is threatening to move forward with his tariffs.
President Trump is pushing through with his tariff agenda, unveiling a new batch of letters to country leaders outlining tariffs on goods imported from their countries beginning in August and a warning to BRICS nations.
Rastegar Property Company CEO Ari Rastegar joins ‘Fox News Live’ to discuss President Donald Trump’s latest tariff announcement and the potential for Zohran Mamdani to be the next mayor of New York City.