The Latest Breaking News from Mexico

Late-night hosts discuss president’s trade war on Canada and Mexico and mass purges of government officials

Friends and allies of the US president will say his recent tariff threats delivered quick wins, but he may find there are no winners in a trade war

Diageo are a UK-based drinks company which imports from Mexico into the States, meaning a large potential hit to their bottom line

China is quick to act when US tariffs on its imports go into effect, but experts say it’s leaving room for negotiation.

Mexico, Canada and China account for more than 40 percent of total goods traded with the United States.

"We want them to secure their own territory and sovereignty, but we reserve the right to protect our own sovereignty as well," said the Secretary of Defense

It's unclear if President Trump is just toying around with the threat of tariffs. But it's not fun for large U.S. companies in the S&P 500.

[UPDATE February 4, 2025: Late on the evening of February 3, the Trump administration announced a 30-day pause on tariffs against both Canada and Mexico.

After threatening Canada and Mexico with illegal tariffs, and Canada with annexation, United States President Donald Trump has agreed to hold off on imposing tariffs on Canada for at least 30 days. This decision came after Prime Minister Justin Trudeau spoke with Trump and committed to strengthening border security.