Trump, Mexico and European Union
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Trump, Tariff
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What is President Donald Trump's approval rating today in the U.S.? Here's what polls say Americans think of Trump's job performance and recent tariffs.
What do the latest US polls say about President Donald Trump's current approval rating? How do Americans feel about recent tariffs? What we know
President Donald Trump has posted two new letters on his social media platform announcing tariffs on the European Union and Mexico.
President Donald Trump threatened to double the baseline universal tariff to 20%, citing record stock gains to dispel fears that such a move would hammer the global economy. Even as financial markets barely budged on the news,
The new tariff is an increase to the top 25% tariff rates that Trump first imposed in March after months of threats.
American stock markets are at record highs and Wall Street analysts are projecting continued gains amid strong earnings forecasts. Moreover, so-called cyclical stocks (which benefit from growth) are significantly outperforming defensive ones,
The president uses levies to cajole nations on political priorities, including many unrelated to trade.