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The Latest Breaking News from Mexico

£136m tequila profits hit and higher mining costs: How might Trump’s tariffs affect UK companies?

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

The Independent UK

What tariffs are China imposing on the US – and why are they significant?

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

Al Jazeera

Donald Trump’s trade tariffs on Canada, Mexico and China explained visually

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

Al Jazeera

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Hegseth Warns The U.S. 'Reserves The Right' To Move Against Cartels Inside Mexico: 'We Hope They Step Up'

"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

Latin Times

Could Harley-Davidson or Other Motorcycle Manufacturers Move To India?

[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.

RideApart

Trump’s trade war is forcing Canada to revive a decades-old plan to reduce U.S. dependence

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.

The Conversation

Asian Stocks And Peso Rise On Trump's Mexico, Canada Tariff Delay

Markets from Japan to New York were sent tumbling Monday after news at the weekend that Trump had signed off 25% duties against Mexico and Canada, fanning concerns for the stuttering global economy.

Latin Times

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Trump crying wolf over tariffs has already convinced Wall Street that threats will be short-lived

An eleventh-hour deal achieved President Trump’s political aims, but Wall Street remains concerned that tariffs will become a permanent threat in negotiations.

Fortune

Updated travel warning for Mexico spring break destinations

A security alert has been issued due to ‘gun battles’ and IEDs

The Independent UK

Tequila Maker Diageo Axes Sales Target On Trump Tariffs

Diageo, the maker of Guinness stout and Johnnie Walker whisky, scrapped Tuesday a key performance target with President Donald Trump's tariff plans set to sour its US sales of tequila and Canadian spirits.

International Business Times

GoPro – best at avoiding tariffs, or has it made a catastrophically bad bet here too?

GoPro says it is well placed to beat tariffs (and perhaps steal a march over our favorite action camera) but maybe Mexico was the wrong bet?

Digital Camera World

Jon Stewart lambasts Trump’s trade war with Canada: ‘We used to fight Nazis’

‘We’re picking a fight with our most reliable and pleasant friend? The labradoodle of allies?’ joked Stewart

The Independent UK

Drinks giant Diageo says trade war could wipe $200 million off profits

The drinks giant is scrapping its 5% to 7% “medium term” sales target

Evening Standard

Before Trump: The long US history of tariff wars with Canada and the world

From a chicken war to a banana brawl, here’s a history of tariff wars the US has fought in.

Al Jazeera

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The Independent UK

Jimmy Fallon jokes Donald Trump used fortune-telling to impose tariffs

Jimmy Fallon mocked Donald Trump's threats to impose tariffs on Canada and Mexico which prompted fears of an international trade war.

The Guardian - UK

Johnnie Walker owner Diageo says Trump tariffs could hit profits by $200m

UK drinks company considering possible price rises as shares fall despite strong Guinness sales

The Guardian - UK

Eurozone facing ‘sizeable’ hit from trade tensions, as US-China tariff war 2.0 kicks off – as it happened

Rolling coverage of the latest economic and financial news, as Trump delays tariffs on Canada and Mexico, and China hits back with its own sanctions

The Guardian - UK

Tuesday briefing: China retaliates after last-minute reprieves on tariffs for Mexico and Canada

In today’s newsletter: The contours of a new economic fight are now visible – and the tit-for-tat could expand considerably

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Evening Standard

China slaps tariffs on US goods as Donald Trump's 10% duty on Chinese imports comes into effect

Tit-for-tat tariffs between world’s two biggest economies come after US agrees deals to avert hefty levies on Canada and Mexico

The Guardian - UK

China unveils US tariffs and Google investigation in response to Trump levies

Tariffs on coal, LNG, crude oil and other goods announced after US imposes levy on imports

The Independent UK

Stock market today: Asian shares climb as Trump postpones Mexico and Canada tariffs for a month

Asian shares are climbing after President Donald Trump said tariffs on Mexico and Canada would be delayed for a month

The Guardian - AU

Democrats and protesters rally outside treasury department to protest Elon Musk’s access to sensitive information – as it happened

This live coverage has ended. You can find the latest US news here.

The Independent UK

Just 42 percent of Americans think Trump's trade war will help economy, new poll finds

Lack of support for tariffs come as Trump paused planned levies on Mexico and Canada for a month

AAP

Australian shares give up gains as Trump tariffs start

The ASX200 had been up by as much as 0.8 per cent in early trading but closed slightly lower as US President Donald Trump's levies begin on China.

The Conversation

Australia won’t escape the fallout of the Trump trade chaos

In a hectic 24 hours of trade diplomacy, US President Donald Trump has paused his threatened 25% tariffs on US imports from Canada and Mexico, while keeping 10% tariffs on imports from China.

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