The Latest Breaking News from Mexico

[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.

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.

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

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

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.

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?

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

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

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

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