President Donald Trump on Saturday announced 30 percent tariffs on all European goods entering the U.S., prompting pushback from European allies.

The Switzer Report founder Peter Switzer has discussed the retaliatory tariffs on US exports being delayed by the European Union. This comes after US President Donald Trump wrote a letter to EU President Ursula von der Leyen announcing his 30 per cent tariff imposition coming August 1.

U.S. manufacturers secured the business tax provisions they’d hoped for in Donald Trump’s budget megabill, but the president’s erratic trade policy risks tempering any pronounced pickup in capital investment.

US President Donald Trump has announced that all imports from Canada will have a 35% tariff as of August 1. He sent a letter to the country’s president, Mark Carney, informing him of the new rate, which has also been posted on his Truth Social account.

Scavino and two other top officials sold Trump Media stock with a combined value of up to $10 million before tariffs news

President says Canada’s tariff retaliation, lack of progress on curbing fentanyl smuggling is behind new import penalty

The president’s supporters portray him as a top dealmaker. But, at least for now, far more trading partners have gotten stiff tariffs than trade deals.

Dan Scavino sold off at least $1 million in Truth Social stock on April 1, while Sergio Gor sold at least $15,000 a few days earlier.

President Donald Trump announced new tariffs on the European Union and Mexico that will take effect on Aug. 1.