Mexico, Trump and European Union
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Investors have so far behaved as if they’re counting on the U.S. president to back down, having seen previous U-turns from his administration.
President Donald Trump has posted two new letters on his social media platform announcing tariffs on the European Union and Mexico.
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 insiders maintain that it would make little sense — politically or from a policy standpoint — for the president to offer any further extensions on trade.
President Donald Trump has been sending letters to countries outlining higher tariffs they’ll face if they don’t make trade deals with the U.S. by Aug. 1.
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