Mexican President Claudia Sheinbaum said the country will answer with "tariff and non-tariff measures" to the Trump administration
Wall Street took a serious tumble Monday as President Donald Trump reiterated his plan to levy 25% tariffs on imports from neighboring Canada and Mexico beginning Tuesday.
US Customs and Border Protection agents in Texas have prevented 90 people from smuggling eggs into the country from Mexico.
The president originally threatened to impose the tariffs earlier this month but postponed the action until March 12.
According to reports, the Nissan is "studying" the possibility of leaving Mexico if Trump goes through with his threats of imposing a 25% tariff on Mexican goods
The costs of Trump's tariffs on Mexico and Canada would be in addition to the annual increases on building materials that track closely to inflation.
The company's CEO said 25% tariffs on Mexico and Canada "would have a huge impact on our industry."
A Republican lawmaker revealed that developments made in a trade agreement between US President Donald Trump and Canadian Prime Minister Justin Trudeau are not novel developments, but just reiterations of previously added clauses to the agreement.
Tesla shares plunged by more than 5% on Monday, as did other automakers' stock, due to President Donald Trump implementing new tariffs.
President Claudia Sheinbaum says she will send 10,000 troops to the border to fight drug trafficking.
President Donald Trump said he will discuss the punishing tariffs he has levied on Canada and Mexico with both countries on Monday, after arguing that Americans may feel economic "pain" from the 25 percent duties but that it will be "worth the price."
Days after announcing tariffs on "things associated with chips," president Donald Trump warned Americans they will feel "some pain" from new tariffs.
Mexico and Canada's leaders responded to President Trump's 25% tariffs on Saturday night, promising to impose retaliatory tariffs on American imports.
The tariffs signal economic upheaval among the close trading partners.
The leading candidate to replace Justin Trudeau as prime minister said Canada will not back down to President Donald Trump's tariffs, declaring we are "going to stand up to a bully."
The policy is set to impose a 25% tariff on all products from Canada and Mexico, along with a 10% tariff on goods from China.
Experts say importers are expected to pass the extra costs from the tariffs to American consumers, driving up prices on an array of products.
General Motors CEO Mary Barra has said she hopes tariffs can be avoided, as Mexican President Claudia Sheinbaum has signaled that authorities are "working and holding conversations to take the necessary measures" to avoid any escalations
Mexico refused to allow a U.S. military flight carrying deportees to land in the country on Thursday as President Donald Trump institutes an immigration crackdown, according to reports.
The action follows Trump's signing of several executive orders, including one aimed at "Protecting the American people against invasion".
The president says he may impose 25% tariffs on Mexico and Canada, as well as a 10% levy on Chinese goods.
Canadian officials said they are prepared for President Donald Trump's sweeping 25% tariff, which will go into effect on Feb. 1, against Canada and Mexico.