Trump threatens 30% tariffs on EU and Mexico
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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.
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.
The US economy is expected to slow the rest of the year as tariffs take a bigger toll on consumers and businesses, immigration constraints intensify
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Trump and his aides have repeatedly shifted their stance on tariffs since the president’s “Liberation Day” announcement.
Canada faces another set of tariffs in its ongoing trade talks with the U.S. However, in this latest round of tariff announcements, investors have learned to largely tune them out as negotiating bluster rather than policy commitments.
The White House concluded that non-tariff methods for punishing Brazil would take too long, two people familiar with the situation said.
President Trump threatened Canada with 35% tariffs while saying he's considering raising blanket tariffs on most trade partners.