America China Chinese Donald Trump Economy European Exports Finance France Import Mexico National Security North America Supply Chain Tariff United States USA Washington White House
President Trump on Saturday announced he is levying 30% tariffs against Mexico and the European Union. They are set to begin on Aug. 1. He announced the tariffs on two of the United States’ biggest trade partners in letters posted on this Truth Social account. In his letter to Mexican President Claudia Sheinbaum, Mr. Trump acknowledged that the country has helped stem the flow of undocumented migrants and fentanyl into the U.S. But he said the country has not done enough to stop North America from turning into a “Narco-Trafficking Playground.” “Mexico has been helping me secure the border, BUT,…
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