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.

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

The EU has reverted to offering the US tit-for-tat tariff reductions on cars, with negotiators abandoning the idea of a complex “netting mechanism” first proposed by German carmakers.

Walmart, Mitsubishi, and Nike are raising prices, citing Trump’s tariffs as inflation climbs—highlighting the trade war’s growing impact on U.S. consumers.

President Trump told a group of reporters that a 50% tariff on all copper imports was imminent. The following day, using his Truth Social platform, the president confirmed that the tariff would be imposed starting on August 1 and that he was acting on a US Department of Commerce report: I am announcing a 50% TARIFF on Copper,

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,

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

Most European markets took a hit as trading resumed in the wake of President Trump's latest tariff threats, and as the EU keeps hoping for a deal.