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While Mexico was spared from Trump's so-called "Liberation Day" tariff rollout on April 2, the 30% rate for the E.U. is 10% higher than what the president said he would apply to America's largest trading partner in April.
(Reuters) -U.S. President Donald Trump announced on Saturday a 30% tariff rate for goods imported from the European Union and Mexico, starting on August 1.
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European leaders had been trying to negotiate more favorable terms for months. They may retaliate with tariffs of their own.
It said a $10,000 National Endowment for the Arts grant the museum had been promised months ago was canceled because their project did not align with the priorities of President Trump.
Test your knowledge of the week in news, and take last week’s quiz here. Jeremy Mikula is the weekend director of platforms for NBC News. Nigel Chiwaya is the Senior Editor, Data Viz for NBC News Digital.
The president’s supporters portray him as a top dealmaker. But, at least for now, far more trading partners have gotten stiff tariffs than trade deals.
A three-peat was not in the cards for President Donald Trump, whose back-to-back A+ weeks were overshadowed by new court losses, more market rattling tariffs, and MAGA outrage over his attorney general’s moves in the Jeffrey Epstein sex case.
For most world leaders, tariff letters from US President Donald Trump mean a big headache. But for one Southeast Asian general, the communique is being spun as welcome recognition of the embattled, isolated and reviled junta he leads.