Trump escalates trade tensions with new tariffs on Mexico and EU
President Donald Trump is reigniting trade battles with two major U.S. allies
(NBC)- President Donald Trump is reigniting trade battles with two major U.S. allies, announcing over the weekend that new 30 percent tariffs will be imposed on imports from Mexico and the European Union starting August 1st. The move adds fresh strain to already tense economic relationships, though the president says he’s still open to striking deals. “We’re dealing with other…