Trump vows to halt trade with Mexico and EU after Fed rate increase
President Donald Trump said he will cut off trade with nations the United States runs a deficit with, targeting Canada, Mexico and the European Union, following the Federal Reserve’s unanimous decision to raise interest rates.
Why it matters
The threat could disrupt major trade ties and impact global markets if pursued.
In this story
trade deficitinterest rate hikeFederal ReserveDonald TrumpMexicoEuropean UnionCanadatrade policy
