We start in Brussels where EU leaders yesterday put on a show of solidarity with Volodymyr Zelenskyy at a summit designed as a riposte to the hostile treatment of the Ukrainian president by the Trump administration in the US.
President Donald Trump took credit for “swift and unrelenting action” in reorienting the nation’s economy, immigration and foreign policy Tuesday in an address to Congress and the American people about his turbulent first weeks in office.
Stocks are falling again on Wall Street as companies and investors react to President Donald Trump's decision to impose tariffs on the U.S.'s biggest trading partners. The S&P 500 dropped
President Trump said illicit drugs such as fentanyl are being smuggled into the United States at “unacceptable levels” and that import taxes would force other countries to crack down on the trafficking.
Citing the unchecked flow of fentanyl, he plans to levy a 25% tariff on most products from our northern and southern neighbors. China faces an additional 10% levy.
President Donald Trump on Thursday signed executive actions that delay for nearly one month tariffs on all products from Mexico and Canada that are covered by the USMCA free trade treaty, a significant walkback of the administration’s signature economic plan that has rattled markets,
Starting just past midnight Tuesday, imports from Canada and Mexico are now taxed at 25%, with Canadian energy products getting tariffed at 10%.
In another reversal, Trump postponed for a month new tariffs on imports from Canada and Mexico that fall under the three nations' free trade deal.
President Trump suspended tariffs for both countries after Mexico’s leader presented her security successes, and after U.S. markets fell and business leaders urged the White House to change course.
President Trump said he wanted to “help” Mexico and Canada with his delay of some tariffs against Canada and Mexico until early next month.
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