Trucks coming from Mexico enter the United States to an inspection station after crossing the border in Otay Mesa, California, on April 1, 2025. US President Donald Trump kept the world's leading economies on edge on April 1, 2025 as he made final preparations for a "Liberation Day" announcement of sweeping new tariffs that could trigger a global trade war. Trump has promised to be "very kind" when he unveils the so-called reciprocal tariffs on Wednesday, but uncertainty reigned over which countries would be targeted and by how much. (Photo by SANDY HUFFAKER / AFP) (Photo by SANDY HUFFAKER/AFP via Getty Images)

U.S.

Trump warns EU, Mexico of tariff retaliation in escalating trade fight

28 days ago 1:17

Trump’s new 30% tariffs on EU and Mexico spark muted market reactions, EU criticism, and warnings of possible retaliatory trade measures.

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