The president's new tariffs on vehicles and auto parts have contributed to a slowdown in affordable car availability in the U.S., according to Cars.com.

President Trump has threatened to increase Mexico’s tariff rate to 30 percent starting Aug. 1, claiming the country hasn’t sufficiently tackled drug cartels.

The August 1 deadline gives the countries time to negotiate agreements that could lower the tariffs. Some investors and economists have also noted Trump's pattern of backing off his tariff threats.

While Mexico was spared from Trump's so-called "Liberation Day" tariff rollout on April 2, the 30% rate for the E.U. is 10 percentage points higher than what the president said he would apply to America's largest trading partner in April but lower than his mid-May threat of 50%.

Trump's tariff threat could extend Mexico’s economic uncertainty into 2027 as it threatens to turn the USMCA review into a struggle.

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Trump’s tariffs spark a nationalist reaction in Latin America. Is the U.S. president a godsend for the region’s leftist leaders?

President Donald Trump posted letters to the leaders of Mexico and the European Union, saying they had not done enough to head off the new tariffs.

The tariffs will add to the price of a grocery store staple for many Americans, while funneling more business to domestic tomato growers, largely in Florida.