Trump, Mexico and tariffs
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GLOBAL investors got a harsh reminder of the risks around trade tariffs and US President Donald Trump’s deal-making on Saturday (Jul 12), after he threatened fresh tariffs on his biggest trading partners in Europe and Mexico.
Many countries thought they were negotiating in good faith. The White House renewed its “reciprocal” tariff plan anyway, giving countries until Aug. 1 to make offers.
Canadian Prime Minister Mark Carney says Canada will keep working toward a new trade framework with the United States despite U.S.
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Plus, the Justice Department has subpoenaed 20 doctors and clinics involved in “performing transgender medical procedures on children.”
President Trump said yesterday that South Korea and Japan would face a new 25 percent tariff on their exports as of Aug. 1. He also extended to Aug. 1 a pause on steeper tariffs against dozens of other nations that was set to take effect tomorrow.
You've probably noticed that tariffs remain a core part of President Donald Trump's economic strategy with new announcements and revisions occuring frequently.He argues that these taxes on imported goods and services are crucial for reducing the United States' trade deficit and enhancing U.
President Donald Trump published a letter to Prime Minister Mark Carney on Thursday, accusing Canada of having "financially retaliated" against the U.S.