Rastegar Property Company CEO Ari Rastegar joins ‘Fox News Live’ to discuss President Donald Trump’s latest tariff announcement and the potential for Zohran Mamdani to be the next mayor of New York City.

President Donald Trump posted letters to the leaders of Mexico and the European Union, saying they had not done enough to head off the new tariffs.

President Trump is pushing through with his tariff agenda, unveiling a new batch of letters to country leaders outlining tariffs on goods imported from their countries beginning in August and a warning to BRICS nations.

The US economy is expected to slow the rest of the year as tariffs take a bigger toll on consumers and businesses, immigration constraints intensify

Trump and his aides have repeatedly shifted their stance on tariffs since the president’s “Liberation Day” announcement.

Canada faces another set of tariffs in its ongoing trade talks with the U.S. However, in this latest round of tariff announcements, investors have learned to largely tune them out as negotiating bluster rather than policy commitments.

Rising tariffs could impact markets and learn top investment strategies and picks to maximize returns. Click here for more on Market Outlook.

Trump cited the trial of the president’s close political ally, former Brazilian President Jair Bolsonaro, as the rationale for new tariffs set to take effect Aug. 1 on imports from the largest economy in Latin America.