U.S. President Donald Trump has announced a 30 percent tariff on goods from Mexico and the Euopean Union, citing trade deficits and national security.

President Donald Trump has announced that the European Union and Mexico will face a 30% tariff on imports to the US from 1 August.

E.U. policymakers had gradually come around to the possibility that the bloc could face 10 percent across-the-board tariffs on all goods sent to the United States, and were hoping to negotiate except...

The consolation prize retirees received from the One Big Beautiful Bill is arguably a bigger win than ending the tax on benefits.