Trump, tariffs and european union
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The Texas Tribune on MSNAugust increase in Mexico tariffs could strain Texas economyA vast majority of trade between Mexico and the U.S. has been exempt from tariffs for months. That could change on Monday.
At her Thursday morning press conference, President Claudia Sheinbaum spoke about her government's efforts to stave off new U.S. tariffs that are due to take effect next week.
Commerce Secretary Howard Lutnick reminded us of an important but little-discussed part of trade negotiations with Canada and Mexico -- "virtually 75%" of trade between the U.S. and its two neighbors is "already tariff free" because of the USMCA agreement.
With inflation creeping back into the US economy, it's as important as ever to have a firm grasp on Donald Trump's tariffs and what they mean.
The tariffs are likely to inflame tensions with one of the largest U.S. trading partners.
The action came after the Commerce Department ended a six-year agreement favored by U.S. distributors and importers.
President Donald Trump announced new trade deals with Japan and the Philippines this week, bringing the total number of deals to five. However, several major trading partners still haven’t reached trade agreements with the U.S. ahead of the Aug. 1 deadlines.
Recent news of Mexico's decision to levy tariffs on textile and apparel products-and institute new restrictions on its Manufacturing, Maquiladora and Export Services Industry (IMMEX) program-have ...
Years of drought in Mexico have already strained its sugar exports to the US, and now proposed tariffs are set to further disrupt this once-reliable trade relationship. President Trump’s planned ...