Reported about 8 hours ago
President Donald Trump announced a 30% tariff on imports from Mexico and the European Union, exacerbating economic uncertainty amidst ongoing trade negotiations. This new tariff regime is part of Trump's broader strategy to address trade imbalances, despite previous agreements like the USMCA with Mexico. EU officials expressed concerns about the impact on supply chains while highlighting a willingness to negotiate. The tariff announcement adds to Trump's previous threats and introduces further complications in global trade relations.
Source: YAHOO