Trump Threatens 30% Tariffs on Mexico and EU
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Mexico tomato tariff won't affect his prices
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Businesses typically pass tariff costs onto consumers through higher prices. Sometimes, that process is less subtle.
If a 30 percent tariff on Mexico goes into affect on August 1, a wide variety of foods will be more expensive, experts warn.
Economists and investors are left guessing by President Donald Trump’s tariff agenda as he grants extensions then threatens higher tariffs in letters to trading partners. It remains to be
Trump's tariffs have led some companies to announce that they plan to raise prices.Even before his so-called "Liberation Day," companies warned they would pass costs on to shoppers.BI is keeping track of companies that said they'd raise prices due to tariffs — and those who already have.
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President Donald Trump announced new tariffs on the European Union and Mexico that will take effect on Aug. 1.