MEXICO CITY (AP) — Mexico’s president said Tuesday the country will respond to the 25% tariffs imposed by the United States with retaliatory tariffs on U.S. goods, with details to come. Mexico will announce the targeted products and other measures Sunday at an event in Mexico City’s central plaza, a delay that suggests Mexico hopes…
WASHINGTON (AP) — President Donald Trump said Monday that 25% taxes on imports from Mexico and Canada would start Tuesday, sparking renewed fears of a North American trade war that already showed signs of pushing up inflation and hindering growth. “Tomorrow — tariffs 25% on Canada and 25% on Mexico. And that’ll start,” Trump told…
WASHINGTON (AP) — U.S. President Donald Trump held off Monday on his tariff threats against Mexico for one month of further negotiations after Mexican President Claudia Sheinbaum agreed to send 10,000 members of her country’s national guard to the border to address drug trafficking. Trump’s tariffs against Canada and China were still slated to go…
U.S. President Donald Trump’s tariffs against Canada and Mexico led to retaliatory taxes by both countries on U.S. imports. Trump said the tariffs on the two neighboring countries were designed to stop illegal immigration and the illicit fentanyl trade. He also placed an additional 10% tariff on imports from China with the stated goal of…
TORONTO (AP) — Canada’s prime minister and Mexico’s president ordered retaliatory tariffs on goods from the U.S, following through with their threats after U.S. Donald Trump sparked a trade war by imposing sweeping tariffs on imports from Canada, Mexico and China. Canada is initially targeting $30 billion Canadian (US$20 billion) in goods imported from the…
PALM BEACH, Fla. (AP) — President Donald Trump said Sunday that Americans could feel “some pain” from the emerging trade war triggered by his tariffs against Canada, Mexico and China, and claimed that Canada would “cease to exist” without its trade surplus with the United States. “Canadians are perplexed,” the country’s U.S. ambassador said. “We…
WASHINGTON (AP) — From an ice cream parlor in California to a medical supply business in North Carolina to a T-shirt vendor outside Detroit, U.S. businesses are bracing to take a hit from the taxes President Donald Trump imposed Saturday on imports from Canada, Mexico and China — America’s three biggest trading partners. The levies…
PALM BEACH, Fla. (AP) — New trade penalties against Canada, Mexico and China that President Donald Trump plans to impose Saturday represent an aggressive early move against America’s three largest trading partners, but at the risk of higher inflation and possible disruptions to the global economy. In Trump’s view, the 25% tariffs against the two…
What’s in a name change, after all? The water bordered by the Southern United States, Mexico and Cuba will be critical to shipping lanes and vacationers whether it’s called the Gulf of Mexico, as it has been for four centuries, or the Gulf of America, as President Donald Trump ordered this week. North America’s highest…
MEXICO CITY (AP) — President Claudia Sheinbaum suggested Tuesday that Mexico could retaliate with tariffs of its own, after U.S. President-elect Donald Trump threatened to impose 25% import duties on Mexican goods if the country doesn’t stop the flow of drugs and migrants across the border. Sheinbaum said she was willing to engage in talks…