Trump, Mexico and tariffs
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President Donald Trump has announced he’s levying tariffs of 30% against the European Union and Mexico starting Aug. 1.
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NWAhomepage on MSNArkansans react to Trump’s new 17% tariff tax on tomatoes imported from MexicoArkansans are seeing how President Donald Trump's new 17% tariff on Mexican tomatoes is affecting people here in the Natural State.
President Donald Trump in recent days slapped tariffs as high as 50% on dozens of countries, restoring the type of aggressive trade policy that sent stocks plummeting a few months ago. The new round of levies prompted little more than a shrug on Wall Street.
The US is imposing a 17% tariff on most tomatoes imported from Mexico with immediate effect, the government said. The duty came into force after the US withdrew from a long-standing agreement with its southern neighbour,
The Trump administration is imposing a 17% tariff on most fresh Mexican tomatoes, the federal government said Monday, ending a yearslong agreement with the U.S.' southern neighbor over trade practices.
America’s biggest trading partners have tried tactics ranging from appeasement to retaliation to avoid higher tariffs. All find themselves faced with similar threats from Washington.
Trump announced the pact with Indonesia, a relatively minor U.S. trading partner, as he continued to press for what he views as better terms with trading partners and ways to shrink a huge U.S. trade deficit.
President Donald Trump and his supporters point to encouraging economic indicators to argue that concerns about his tariffs are overblown. Skeptics, however, say it’s too soon to declare that all’s well.