The president is set to raise taxes on imports arriving from many countries, including Canada and Mexico. That’s on top of the tariffs that the White House has already announced on specific products,

Here's what we know so far. THE DEAL In a post on Truth Social, Trump said the deal would include $550 billion of Japanese

President Donald Trump announced a trade deal with the European Union on Sunday that will require imports from the 27-nation bloc to face a 15-percent tariff. Trump had previously threatened tariffs of 30% on European goods. Trump announced the the deal after a meeting with European Commission President Ursula von der Leyen.

South Korea is one of the countries that hopes to secure a trade deal before the Aug. 1 date President Trump set for enforcing nation-specific tariffs.

The 15% tariff would be lower than previously threatened, but it would remain a high duty on America’s largest trading partner.

He’s a wheeler-dealer, our president, needless to say, and he’s kind of cutting these deals — but he has scared these people, and he’s leveraged American bargaining

Japanese Prime Minister Shigeru Ishiba denied reports he plans to announce his resignation over a historic defeat of his ruling party in a weekend election.