Trump, tariff
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Alex Witt spoke with New York Times White House Correspondent Tyler Pager about what might be motivating President Trump to impose 30% tariffs on Mexico and the E.U. She also asked him about the President's upcoming announcement about Russia,
President Trump announced in a letter posted to social media on Saturday that he would place a 30 percent tariff on goods from the European Union, upending months of careful negotiations and further roiling what is one of the world’s most important economic relationships.
President Donald Trump started his week with the devastating news of deadly floods in central Texas while also negotiating a peace deal with Israeli Prime Minister Benjamin Netanyahu. CNN’s Kaitlan Collins reports on a week that also saw a reciprocal tariffs deadline move to August and questions over who ordered a Ukraine weapons pause.
The chair of the White House Council of Economic Advisers said that some countries that are negotiating with the U.S. could see tariffs delayed.
President Trump plans to issue an executive order to extend the pause on his steep, so-called reciprocal tariffs to Aug. 1, White House press secretary Karoline Leavitt said Monday. The pause had been set to expire Wednesday.
President Donald Trump’s tariffs have already driven up some prices, but they have not yet produced the overall inflation that many economists feared.
A three-peat was not in the cards for President Donald Trump, whose back-to-back A+ weeks were overshadowed by new court losses, more market rattling tariffs, and MAGA outrage over his attorney general’s moves in the Jeffrey Epstein sex case.
10hon MSN
President Donald Trump has managed to make his erratic trade policies even more baffling to countries desperate to negotiate an escape from his wrath.