Banamex predicts that the Mexican economy will not grow this year if 25% tariffs on all Mexican products are imposed.

Trump signed orders Thursday to hit pause on the fresh tariffs for Canadian and Mexican imports covered by a North American trade agreement, though he dismissed suggestions that his decisions were linked to market turmoil.

Over a month into his second term as US president, Donald Trump has slapped sweeping tariffs on the export-dependent nation, citing Beijing's failure to stem fentanyl flows as justification.

Mexican President Claudia Sheinbaum thanked her U.S. counterpart Donald Trump for exempting Mexican goods included in the USMCA from being impacted by tariffs

The White House announced Wednesday an exemption on any autos coming through the United States, Canada and Mexico free trade pact, after Trump held talks with the "Big Three" US automakers -- Stellantis, Ford and General Motors.

Beijing set an ambitious annual growth target of around five percent this week, vowing to make domestic demand its main economic driver as the escalating trade confrontation with the United States hit exports.

Buffett has previously expressed concerns about tariffs, opposing Trump's trade proposals during the 2016 campaign, when he called them "a very bad idea"

U.S. Commerce Secretary Howard Lutnick anticipated the possibility that President Donald Trump will announce a reduction of tariffs on Canada and Mexico

"The U.S. launched a trade war against Canada, their closest ally, their closest friend, at the same time they are talking about working positively with Russia," Trudeau said. "Make that make sense."

Democratic Rep. Eric Swalwell teased Trump as stocks wiped out all gains since he got elected

Ford, whose province supplies power to New York, Michigan, and Minnesota, also threatened to halt nickel shipments to the United States

A spokesperson for the Chinese foreign ministry heavily criticized the Trump administration's decision to double tariffs on the country from 10% to 20%

Mexican President Claudia Sheinbaum said the country will answer with "tariff and non-tariff measures" to the Trump administration

Aside from tariffs on Canadian and Mexican imports, Trump has also gone hard on China, slapping an additional 10% tariff on certain Chinese goods last month, a move that drew sharp criticism from Beijing.

Cedric Dupont of the Geneva Graduate Institute, an international relations professor and an expert in trade policies, law and the WTO, told AFP that Trump's moves had put the global trade body centre-stage but powerless to act.

Commerce Secretary Howard Lutnick revealed another one of the Trump administration's controversial goals: abolishing the Internal Revenue Service (IRS).

One month into his second term in office, Trump has threatened sweeping tariffs on allies and adversaries alike -- targeting China as well as neighbors Canada and Mexico, and the European Union -- and using levies as his main policy tool for lowering the massive US trade deficit.

President Donald Trump has vowed to implement "reciprocal tariffs" on all products sent by countries using the VAT system "for purposes of fairness."

"It does not help to criticize the U.S. government, especially given the nature of President Trump's personality," Saul Sandoval told The Latin Times

The poll by AtlasIntel also found that 82% of Colombians want Petro to pursue closer ties to Washington, and 70% hold a positive view of the U.S.

Trump announced a new tariff policy, declaring that the US will impose "reciprocal tariffs" on foreign countries, matching the duties they place on US goods.

As Trump pushes forward with a fresh wave of tariffs, Rep. Davidson defended the trade strategy, arguing it was worth trying "something different" with China.

Trump's fresh salvo could bring a broad tariff hike to emerging market economies like India and take aim at European Union value-added taxes, fanning tensions with the bloc, analysts warn.

Trump is expected to announce tariffs on European Union products "pretty soon," and the crypto market is reeling from the news as Bitcoin and other major altcoins plunged Sunday night.

Trump told reporters aboard Air Force One Sunday that the tariffs -- which he will announce later Monday -- will apply to "any steel coming into the United States," adding this will also affect aluminum

Despite taxes being put on hold for thirty days, business leaders in Ciudad Juárez report declining investment, with some factories halting production

Trump and Trudeau agreed to a 30-day pause on US tariffs as Canada agreed to boost border security and combat fentanyl trafficking.

Mexican President Claudia Sheinbaum outlined the main aspects of the deal, which also include the U.S. 'committing to work to prevent the trafficking of high-caliber weapons" to Mexico

Republicans are backing president Donald Trump's kick off of a trade war, with Marjorie Taylor Greene telling Americans: "We will win this trade war."

Tensions escalate as Mexico rejects U.S. allegations, arguing that the American arms trade plays a key role in strengthening criminal groups.