Explainer-can US President Trump 'cut off all trade' with Spain?
Published on: Wednesday 08 July 2026
MADRID, July 8 (Reuters) - U.S. President Trump reiterated on Wednesday his desire to impose a trade embargo on Spain, ordering Treasury Secretary Scott Bessent to "cut off all trade... including visits" with the country, amid tensions over defence spending. Below is an explainer on the key questions behind such a move. WHAT POWERS DOES A U.S. PRESIDENT HAVE TO IMPOSE A TRADE EMBARGO? Under the
News source: https://www.msn.com/en-us/money/markets/explainer-can-us-president-trump-cut-off-all-trade-with-spain/ar-AA27uBGB