Over the weekend, Donald Trump announced plans to slap another round of price-raising, growth-killing tariffs on U.S. allies in Europe and North America. These crushing tariffs threaten to impose massive price hikes on everyday goods that working families depend on while destroying relationships with our closest allies. Europe and other key partners are now already inking their own trade deals, shutting the U.S. out due to Trump’s chaotic and unstable policies. Trump is prioritizing political theater over our national economic security, leaving American workers and businesses isolated while he and his rich friends benefit at the expense of working families.
HEADLINES
- The New York Times: It’s No Bluff: The Tariff Rate Is Soaring Under Trump.
- CNN: EU Warns That Its Trade With The US Could Be Effectively Wiped Out If Trump Follows Through On His Threat.
- Reuters: World Stocks Slip As US Tariff Threats Heat-Up.
- Bloomberg: US Inflation to Pick Up on More Tariff Pass-Through.
- The New York Times: Carmakers Brace For New Tariffs In Major Manufacturing Hubs.
- NBC: Trump Says He Will Hit E.U. and Mexico With 30% Tariff.
- CNN: US Tomato Prices Could Jump As Soon As Monday.