Trump threatens EU, Mexico
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If a 30 percent tariff on Mexico goes into affect on August 1, a wide variety of foods will be more expensive, experts warn.
22hon MSN
BRIDGEWATER, New Jersey (AP) — President Donald Trump on Saturday announced he’s levying tariffs of 30% against the European Union and Mexico. Trump announced the tariffs on two of the United States’ biggest trade partners in letters posted to his social media account.
Businesses typically pass tariff costs onto consumers through higher prices. Sometimes, that process is less subtle.
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