Trump announces 30% tariffs on EU
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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.
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.
Trump and his aides have repeatedly shifted their stance on tariffs since the president’s “Liberation Day” announcement.
That new tariffs are on the way is less important than their final shape. The problem is, nobody seems to know what that will be.
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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.
Rising tariffs could impact markets and learn top investment strategies and picks to maximize returns. Click here for more on Market Outlook.