Trump Announces 30 Percent Tariff on EU, Mexico

President Donald Trump has announced a 30 percent tariff on imports from the European Union and Mexico, to go into effect on Aug. 1, 2025.

Tariff Windfall Drives Surprise $27 Billion US Budget Surplus in June

New data from Treasury Dept show that surging tariff revenues in June helped U.S. government post an unexpected budget surplus of $27 billion.
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Trump Announces 35 Percent Tariff on Canada, Possible 15–20 Percent Tariffs on Other Countries

President Donald Trump said on July 10 that he would be imposing a blanket 35 percent tariff on Canadian imports.

Rubio Set to Visit Malaysia for ASEAN Meetings Amid Tariff Tensions

A delegation including U.S. Sec. of State Marco Rubio will travel to Kuala Lumpur, Malaysia, for series of high-profile meetings between July 11 and 12.

US Will Collect More Than $300 Billion in Tariff Revenues This Year, Treasury Secretary Says

U.S. is on track to potentially raise “well over $300 billion” in tariff income by end of the year, Treasury Sec. Scott Bessent said during WH Cabinet meeting.

Trump Says BRICS Members Will Get Additional 10 Percent Tariffs Over Dedollarization Attempt

Trump warns BRICS he's imposing additional 10% tariff on nations, as bloc was created to replace U.S. dollar as dominant currency for international trade.

Trump Threatens Brazil With 50 Percent Tariff Citing Trial of Former President

Trump posted a copy of letter he sent to Brazilian President, accusing nation of being an “international disgrace” due to trial of former president Bolsonaro.

Top Trump Officials to Hold Trade Talks With China in August

The Trump administration’s top trade negotiators are set to meet with Chinese officials in early August, Commerce Secretary Howard Lutnick said.