With his two dozen letters to U.S. trading partners last week, President Donald Trump promised elevated tariffs on Aug. 1 largely to tackle an issue he’s raised for decades — trade deficits.

Mexican President Claudia Sheinbaum said on Wednesday that she had spoken with Canadian Prime Minister Mark Carney and that the two had agreed to strengthen trade collaboration, particularly in light of the tariffs from U.

The European Union has warned that its trade with the United States could be effectively wiped out if Washington makes good on its threat to slap a 30% tariff on goods imported from the bloc.

Trump called on Texas Republicans to gerrymander their districts. Senate Republicans rallied behind turning DOGE cuts into law. This week: The Senate appears likely to approve almost $9 billion in cuts to foreign aid and public broadcasting after removing from the package cuts to an HIV/AIDS program.

Gold prices touched a three-week high on Monday, supported by demand for safe-haven bullion after U.S. President Donald Trump threatened to impose a 30% tariff on imports from the European Union and Mexico.

Kristi Noem says Trump wants FEMA 'remade,' and more tariffs are set for U.S. trade partners: Weekend Rundown Homeland Security Secretary Kristi Noem said President Donald Trump wants the Federal Emergency Management Agency “remade” rather than dismantled entirely.