Mexico, Trump and European Union
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President Donald Trump has been sending letters to countries outlining higher tariffs they’ll face if they don’t make trade deals with the U.S. by Aug. 1.
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.
The president’s supporters portray him as a top dealmaker. But, at least for now, far more trading partners have gotten stiff tariffs than trade deals.
The future of industrial towns like Scunthorpe and Port Talbot may rest on the wider fate of the UK's steel industry.
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.
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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.
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.
Whether his copper tariff will remain in place is a question given the number of times Trump has flip-flopped on tariffs of various kinds.