Trump’s Tariff
US Braces for Impact as Trump’s Tariff Deadline Approaches
As the deadline for US President Donald Trump’s tariffs on dozens of countries approaches, economists are warning of potential economic harm. Despite the US economy‘s strong performance so far, with low inflation and robust employment and consumer spending, analysts fear that the worst is yet to come. Trump’s tariffs have been imposed on countries including […]
EU and Mexico Criticize Trump’s Proposed 30% Tariff
The European Union(EU) and Mexico have expressed disappointment at US President Donald Trump’s threat to impose 30% tariffs on their imports from August 1. Mexico criticized the move as an “unfair deal” and insisted its sovereignty is non-negotiable. EU’s chief, Ursula von der Leyen, threatened to take “proportionate countermeasures” if needed, while emphasizing the EU’s […]