Trump says he's considering 25% tariffs on Mexico and Canada starting in February
Trump threatens 25% tariffs on Mexico and Canada on Feb. 1, punting Day 1 pledge
President Donald Trump said in an Oval Office signing ceremony Monday evening that his administration will impose 25% tariffs on Mexico and Canada on February 1, an extraordinary change in North American trade policy that could raise prices for American consumers.
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Tariffs on Mexico, Canada Could Come as Soon as Feb. 1, Trump Says
President Claudia Sheinbaum is detaining more migrants, seizing more fentanyl and positioning her country as a key ally against China. But the U.S. stance has shifted, too.
Mexico is planning to establish a “task force” to involve US companies in the process of reducing imports from China, the country’s economy minister told a group of auto suppliers at a private meeting Friday in Detroit.
China has strengthened trade with Latin America at the expense of the U.S. But Donald Trump, who threatens to raise tariffs on Mexico, could upend those ties.
Mexico’s government on Monday launched a plan to shrink its yawning trade deficit with China and attract investment, in an olive branch to Donald Trump’s incoming US administration.
SALTILLO, Mexico — Over the years, a “mini-Detroit” blossomed in these desert highlands 200 miles south of the Texas border. General Motors, Stellantis and Daimler Trucks set up sprawling ...
All along the 2,000-mile border, business leaders, border agents, migrants and their advocates are bracing for change in U.S. policies on trade and immigration.
PRESIDENT Donald Trump held off unveiling China-specific tariffs on his first day on office, instead ordering his administration to address unfair trade practices globally and investigate whether Beijing had complied with a deal signed during his first term.
2hon MSN
Trump threatened tariffs of as much as 60% on China during his campaign but has tempered his plans. Canada and Mexico are now being threatened with a 25% tariff.
With President Trump back in office, Mexico's President Sheinbaum braces for strained relations. U.S. public support for hardline policies targeting Mexico is on the rise, and looming energy reforms and trade negotiations add to the challenges.
As Donald Trump is sworn in as the 47th president, he's not expected to impose China-specific tariffs on his first day in office, signaling a strategic shift toward engagement with Beijing rather than reigniting a trade war.
The first six months of 2024 — the latest period for which figures are available — showed $235 million coming to Mexico from China in direct investment, according to government statistics.
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