Page 3 - Mexico

Citing consumer confidence, Canada PM Carney says trade war hurting US

Mark Carney also said the kinship that exists between US and Canada is under more strain than at any point in the two countries storied histories

Trump's tariff priorities are Canada, Mexico, China, EU: Dhruva Jaishankar

According to him, India will be particularly hard hit along with other nations

'Without corn, there is no country': Why Mexico has banned GM corn planting

Mexico has amended its Constitution to recognise native corn as part of its national identity and has banned genetically modified (GM) seed cultivation to protect biodiversity and cultural heritage

Donald Trump changes course, delays some tariffs on Mexico and Canada

President Donald Trump on Thursday postponed 25 per cent tariffs on many imports from Mexico and some imports from Canada for a month amid widespread fears of the economic fallout from a broader trade war. The White House insists its tariffs are about stopping the smuggling of fentanyl, but the taxes proposed by Trump have caused a gaping wound in the decades-old North American trade partnership. Trump's tariff plans have also caused the stock market to sink and alarmed U.S. consumers. In addition to his claims about fentanyl, Trump has insisted that the tariffs could be resolved by fixing the trade deficit and he emphasised while speaking in the Oval Office that he still plans to impose reciprocal tariffs starting on April 2. Most of the tariffs go on April the second, Trump said before signing the orders. Right now, we have some temporary ones and small ones, relatively small, although it's a lot of money having to do with Mexico and Canada. Trump said he was not looking to exten

US tariffs, if sustained, will impact the economies of Mexico, Canada: IMF

IMF spokesperson Julie Kozack said the IMF would release a more comprehensive assessment at the spring meetings of the IMF and World Bank in Washington in April

One-month tariff relief likely to be extended to all USMCA-compliant goods

US Commerce Secretary Howard Lutnick said he is hopeful the president will announcement that extension on Thursday.

After Trump's tariffs, Mexico seeks Asian, European crude oil buyers

The official said potential Chinese buyers were "very interested" in initial conversations, adding that "demand will decide how these flows are redirected"

Trump considers exempting some agri products from Canada, Mexico tariffs

Lawmakers from states with strong agriculture interests have pleaded with the administration to carve out tariff exemptions for fertilizers and other products that are critical for growing US crops

Trump exempts Mexico, Canada auto imports from new tariffs for a month

The announcement comes after Trump spoke with leaders of the big 3 automakers, Ford, General Motors, and Stellantis on Wednesday

Businesses rush to deal with Trump's tariffs on Canada, China, Mexico

A Minnesota farmer worries about the price of fertilizer. A San Diego entrepreneur deals with an unexpected cost increase of remodelling a restaurant. A Midwestern sheet metal fabricator bemoans the prospect of higher aluminum prices. Businesses knew that Trump's import taxes -- tariffs -- on America's biggest trading partners were scheduled to take effect Tuesday. But many of them assumed they'd get a reprieve. After all, the unpredictable president had delayed the tariffs on Canada and Mexico for 30 days right before they were originally supposed to kick in on February 4. No such luck this time. At midnight Tuesday, the United States imposed 25 per cent tariffs on goods from Canada and Mexico, starting a trade war with its closest neighbours and allies. Trump also doubled his 10 per cent levies on Chinese imports in a series of moves that took US tariffs to the highest level since the 1940s. Canadian energy was shown some mercy, getting taxed at a lower 10 per cent. The three .

Trump's trade war draws swift retaliation from Mexico, Canada, and China

President Donald Trump launched a trade war Tuesday against America's three biggest trading partners, drawing immediate retaliation from Mexico, Canada and China and sending financial markets into a tailspin as the U.S. faced the threat of rekindled inflation and paralyzing uncertainty for business. Just after midnight, Trump imposed 25% taxes, or tariffs, on Mexican and Canadian imports, though he limited the levy to 10% on Canadian energy. Trump also doubled the tariff he slapped last month on Chinese products to 20%. Beijing retaliated with tariffs of up to 15% on a wide array of U.S. farm exports. It also expanded the number of U.S. companies subject to export controls and other restrictions by about two dozen. Canadian Prime Minister Justin Trudeau said his country would plaster tariffs on more than $100 billion of American goods over the course of 21 days. Today the United States launched a trade war against Canada, their closest partner and ally, their closest friend. At the

Tariffs on China, Mexico and Canada may boost Indian exports to US: Experts

Imposition of high tariffs on China, Mexico, and Canada by the US is expected to help Indian exporters in increasing their shipments to the American market, experts say. They added that sectors which can be benefited include agriculture, engineering, machine tools, garments, textiles, chemicals, and leather. India was the fourth-largest gainer when the US imposed higher duties on Chinese goods during US President Donald Trump's first tenure. The Trump administration is imposing 25 per cent tariffs on Mexico and Canada and it will take effect on Tuesday. The US has also doubled the tariff on all Chinese imports to 20 per cent. "This can help Indian exporters in sectors such as agriculture, engineering, machine tools, garments, textiles, chemicals, and leather," President-designate of Federation of Indian Export Organisations (FIEO) S C Ralhan said. The tariffs would affect exports from China, Mexico and Canada to the US as they would push prices of their goods in the American marke

Mexico to impose tariffs on US, joining China and Canada in trade war

Mexico President Claudia Sheinbaum said Tuesday that Mexico will respond to 25% tariffs imposed by the United States with its own retaliatory tariffs on US goods. Sheinbaum said she will announce the products Mexico will target on Sunday in a public event in Mexico City's central plaza, perhaps indicating Mexico still hopes to de-escalate the trade war set off by US President Donald Trump. Unlike China and Canada, Mexico decided to wait until Sunday, though the country has said since January that it had a plan ready for precisely this scenario. Canada said it would slap tariffs on more than $100 billion of American goods over the course of 21 days. Sheinbaum said Tuesday that there is no reason for penalties on some of the largest trading partners for the US. There is no motive or reason, nor justification that supports this decision that will affect our people and our nations, she said. The tariffs that had been threatened by President Donald Trump's against Canada and Mexico we

Trade wars erupt as Trump hits Canada, Mexico, and China with steep tariffs

The tariffs on Mexican and Canadian products could have much deeper repercussions for a highly integrated North American economy

No room left for Canada, Mexico to avert US tariffs on imports: Trump

When asked about the possibility of a deal, Trump confirmed that "tariffs are all set and are going to effect" on March 4 as planned

Pentagon to send about 3,000 more active-duty troops to US-Mexico border

The Pentagon is sending about 3,000 more active-duty troops to the US-Mexico border as President Donald Trump seeks to clamp down on illegal immigration and fulfil a central promise of his campaign, US officials said Saturday. His defence secretary, Pete Hegseth, has ordered elements of a Stryker brigade combat team and a general support aviation battalion for the mission, the Pentagon announced. The forces will arrive along the nearly 2,000-mile border in the coming weeks. The Defence Department's statement did not specify the size of the deployment, but it was put at about 3,000 by the officials, who were not authorized to discuss the matter publicly and spoke on condition of anonymity. The Strykers are medium-armoured wheeled personnel carriers. Already, about 9,200 US troops in total are at the southern border, including 4,200 deployed under federal orders and about 5,000 National Guard troops under the control of governors. The new troops will reinforce and expand current bor

Mexico sends drug lord Quintero, 28 other prisoners to US with officials

Mexico has sent drug lord Rafael Caro Quintero, who was behind the killing of a US DEA agent in 1985, to the United States with 28 prisoners requested by the US government, a Mexican government official and other sources confirmed Thursday. It comes as top Mexican officials are in Washington trying to head off the Trump administration's threat of imposing 25% tariffs on all Mexican imports next week. The official, who requested anonymity because they were not authorized to discuss the case, confirmed Caro Quintero's removal. Another person familiar with Mexico's actions also confirmed the removal on the condition of anonymity because they were unable to discuss sensitive diplomatic negotiations. Mexico's Attorney General's Office said in a statement that the 29 prisoners sent to the US Thursday faced charges related to drug trafficking among other crimes. Also among the list were two leaders of the Los Zetas cartel, Mexicans Miguel Trevio Morales and his brother Omar Trevio Morales

Trump sows confusion over Canada, Mexico, floats 25% duty on EU goods

Trump has targeted early April for imposing reciprocal tariffs matching import duty rates of other countries and offseting their other restrictions

Canada, Mexico tariffs 'going forward' with more to come: Donald Trump

President Donald Trump said Monday that his tariffs on Canada and Mexico are starting next month, ending a monthlong suspension on the planned import taxes that could potentially hurt economic growth and worsen inflation. We're on time with the tariffs, and it seems like that's moving along very rapidly, the U.S. president said at a White House news conference with French President Emmanuel Macron. While Trump was answering a specific question about the taxes to be charged on America's two largest trading partners, the U.S. president also stressed more broadly that his intended reciprocal tariffs were on schedule to begin as soon as April. The tariffs are going forward on time, on schedule, Trump said. Trump has claimed that other countries charge unfair import taxes that have come at the expense of domestic manufacturing and jobs. His near constant threats of tariffs have already raised concerns among businesses and consumers about an economic slowdown and accelerating inflation.

Trump's aid freeze disrupts anti-narcotics programme at Mexican ports

The initiative provided Mexico's Navy with training and equipment to improve screening of cargo entering and exiting the Port of Manzanillo, the nation's busiest container port