If U.S. President Donald Trump follows through on his pledge to slap 25% tariffs on imports from Mexico it could usher in a volatile new chapter in the longstanding trade relationship with the impacts hitting consumers.
President Donald Trump's nominee to run the Commerce Department, Howard Lutnick, said on Wednesday that Canada and Mexico can avoid looming U.S. tariffs if they act swiftly to close their borders to fentanyl,
Less than two weeks into his second term, President Trump may be poised to deploy steep tariffs against key U.S. trading partners.
It’s hard not to notice the disconnect between what the American president said about China before Election Day 2024, and what he’s doing now.
Mexico and Canada are Wisconsin’s two largest trading partners, supporting a combined $25 billion in cross-border trade in 2023.
Global policymakers and Wall Street analysts have been bracing for massive trade barriers from the new Trump administration. But it focused more on the domestic front in the first week in power, leaving the global trade landscape largely unchanged.
A brief standoff with Colombia holds important lessons for how future trade conflicts might unfold in the new Trump administration.
Mexico eclipsed China in 2023 as the United States’ top trading partner in goods, as manufacturers shifted operations to Mexico to be closer to the American market. Trade ties deepened even ...
President Donald Trump is poised to unleash his first wave of tariffs Saturday, sending foreign governments and businesses rushing to skirt potential duties and prepare for retaliation.
Placing blocks on Chinese trade had been Donald Trump's main trade focus in his first presidential term - but there's been a change in his approach.
Trump initially threatened 25% tariffs against Canada and Mexico in November, but that was initially assumed to be a bargaining tactic and the leaders of both countries rushed to assure him they would beef up border security.