New Trump tariffs on Mexico; major Russia, Ukraine announcement | D.C. Daily.
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President Trump announcing new tariffs of 30% on Mexico and the European Union to start on August 1. European trade ministers are meeting today after pausing their retaliatory tariffs that were supposed to start today. Plus, President Trump says he'll make a major announcement about Russia and Ukraine today.

Trump says he's imposing new 30% tariffs on EU, Mexico

President Donald Trump announced a new round of tariffs on Mexico and the European Union, two of America’s biggest trading partners.

President Trumps hits Brazil with 50% tariff
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President Trump hit Brazil with a 50% tariff because of Brazil's political landscape, saying the former president of Brazil is the subject of a witch hunt for trying to overturn Brazil's election results.

Trump tariffs: President's deadline for new trade deals expires
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President Donald Trump's tariff trade war is escalating again today as his deadline for new trade deals expires. Now, today, the president says he'll announce trade deals with half of the countries he was targeting this morning and more this afternoon, while also threatening 200% tariffs on foreign prescription drugs.

Tariff latest: Trump signs order delaying deadline to Aug. 1

President Trump is turning up the pressure to make trade deals this week – but is building in several more weeks' time for negotiations.

Federal Reserve in limbo as tariffs complicate this week's interest rate decision

With inflation on the decline, some experts believe that without the enforcement of tariffs, the Federal Reserve may likely cut its key interest rate even more.

At Home files for bankruptcy

The popular home decor retailer has filed for bankruptcy amid the changing trade environment from President Trump’s tariffs.

China’s rare earth minerals included in new trade deal, Trump says

Details are being released about the new trade and tariff deal reached between President Trump and China, which includes rare minerals and Chinese students attending American universities.

Trade talks today: Can U.S., China avoid massive tariffs?
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Can the United States and China avoid massive tariffs? Both countries slashing tariffs by 115% for 90 days so they can hammer out a trade deal. But both sides have accused the other of breaking the trade truce.

Airline, aerospace industries warn Trump tariffs could risk air safety, supply chains

Airline and aerospace groups warned that President Donald Trump’s tariffs on planes, engines and parts could increase ticket prices, harm the supply chain and threaten aviation safety.

President Trump DOUBLES tariffs on steel, aluminum imports
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More tariffs are in effect and even higher prices are coming. Breaking overnight while you're sleeping, President Trump doubled tariffs on aluminum and steel imports to 50%. Economists say that means higher prices for things from construction projects to canned food. The United Steelworkers union says the tariffs jeopardize thousands of jobs in the United States and Canada.

Trump doubles steel, aluminum tariffs: What that means for you

The increased tariff hike on steel and aluminum are likely to impact consumers and companies financially given that many products like refrigerators and washing machines are made using these metals.

Surge in steel tariffs could threaten Trump promise of lower grocery prices

President Donald Trump has announced a 50% tariff on imported steel and aluminum, raising concerns about rising costs on a wide range of consumer goods, especially groceries.

Trump tariffs: U.S.-China trade war escalates
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Breaking overnight, trade tensions with China escalating again, three weeks after both countries agreed to slash tariffs on each other by 115% for 90 days. China says the U.S. has seriously violated the trade truce in several ways.

US-built vehicles cost $53,000 on average, pricing out budget shoppers

Cars.com report reveals U.S.-assembled vehicles now cost more than Canadian and Mexican imports. Here's what they found the average price to be.

Appeals court temporarily reinstates Trump tariffs

The appeals court temporarily halted the order from a federal trade court issued a day before.