Trump, Tariff and Stocks
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Mexico, Donald Trump and European Union
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America’s biggest trading partners have tried tactics ranging from appeasement to retaliation to avoid higher tariffs. All find themselves faced with similar threats from Washington.
President Donald Trump has posted two new letters on his social media platform announcing tariffs on the European Union and Mexico.
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.
Businesses typically pass tariff costs onto consumers through higher prices. Sometimes, that process is less subtle.
Trump and his aides have repeatedly shifted their stance on tariffs since the president’s “Liberation Day” announcement.