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Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily. On Saturday morning, President Donald Trump announced plans to hit the European Union and Mexico with 30 percent tariffs starting on August 1. If this gives you déjà vu, it is not without good reason. Trump has repeatedly announced, delayed, changed and rescinded major tariffs...

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Mexican officials have been negotiating for months in hopes of reaching a trade deal with Washington that would not devastate the country’s export-driven economy, but President Trump upended those talks on Saturday when he threatened to impose a 30 percent tariff on Mexican imports, potentially igniting a trade war with one of America’s largest trading partners. In a letter to Mexico’s...

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Pinned President Trump announced in letters posted to social media on Saturday that he would place a 30 percent tariff on goods from the European Union and Mexico, upending months of careful negotiations and disrupting America’s economic relationships with two of its biggest trading partners. Mr. Trump’s tariffs would take effect on Aug. 1, like those on many other trading partners. But the...

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Buried in the Big, Beautiful Bill is a weapon Trump can use against illegal immigration, disincentivizing working illegally in the United States while at the same time cutting into money laundering by Mexican and other drug cartels. The weapon is a one percent remittance tax on money sent by aliens in the U.S. home to their country. Small change? By the end of 2023, remittances sent by...

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