Trump, tariffs and small countries
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Economists say U.S. businesses are struggling to pay new tariffs, and they are starting to pass on the costs to American consumers.
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President Donald Trump on Saturday announced 30 percent tariffs on all European goods entering the U.S., prompting pushback from European allies.
The prime minister pledges to diversify its trading partners away from the US and prioritise the use of Canadian steel.
Copper is needed for many items we use every day, from wiring and plumbing in our homes to appliances and electronics.
Wall Street is pointing lower before the opening bell with new tariffs announced for Europe and Mexico and as the unofficial start of earnings season get under way this week.
Scavino and two other top officials sold Trump Media stock with a combined value of up to $10 million before tariffs news
EU chief Ursula von der Leyen said the bloc was ready to take all "necessary" steps to safeguard its economic interests, after US President Donald Trump announced that he would impose 30% tariffs on all EU goods.
Wall Street is pointing lower before the opening bell with new tariffs announced for Europe and Mexico and as the unofficial start of earnings season get under way this week. Futures for the S&P 500, Dow Jones Industrial Average and Nasdaq each retreated by about 0.3% early Monday.
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.