Trump, new tariff and U.S. Trade Policy
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Trump, Tariffs
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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.
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 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.
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.
Senate sanctions bill targeting Russia's energy exports with hefty tariffs gains momentum as Trump shifts position on Russia, with Graham teasing presidential support.
After President Donald Trump paused his “Liberation Day” tariffs in April, his trade adviser Peter Navarro promised that the administration would deliver “90 deals in 90 days.” But that deadline came and went Wednesday with the White House 88 trade deals short.
The American public knows Donald Trump is lying about tariffs. And as MSNBC’s Lawrence O’Donnell explains, they’ve figured it out without any help from the White House press corps who continue to accept his lies as answers.
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.
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.