European Union negotiators are closing in on a trade deal with U.S. President Donald Trump that would cement higher tariffs than those granted to the UK, the Financial Times reported on Wednesday.

Alex Witt spoke with New York Times White House Correspondent Tyler Pager about what might be motivating President Trump to impose 30% tariffs on Mexico and the E.U. She also asked him about the President's upcoming announcement about Russia,

Earlier on Wednesday, Trump imposed tariffs of between 25 per cent and 30 per cent on Algeria, Brunei, Iraq, Libya, Moldova, the Philippines and Sri Lanka. The letters followed threats of 25 per cent tariffs on Japan and South Korea, among others, on Monday.