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The Latest Breaking News from Mexico

Canada Hits U.S.-Made EVs With 25% Payback Tariffs (Updated)

The North American electric vehicle market is in trouble. As if U.S. President Donald Trump's tariffs on Canada and Mexico weren't enough to spark concern for consumers and automakers alike, Canada has fired back with its own duty fees, putting certain U.S.-built products—including electric vehicles—into another form of tariff hell.

InsideEVs

Companies must prepare for more Trump tariffs, says expert

The next set of tariffs is expected to be a core part of President Trump’s trade and economic policy.

Fortune

Asian stocks plunge over Trump tariffs

US dollar surges against multiple currencies and reaches record high against Chinese yuan

The Independent UK

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Mexican Farmers, Auto-parts Makers Urge Dialogue With US

Mexican President Claudia Sheinbaum meantime said that she was waiting for a response from Trump to her proposal for talks and to form a working group on migration and drug trafficking.

Latin Times

Kay Burley accuses Richard Tice of 'talking rubbish' in heated clash

Kay Burley and Reform UK MP Richard Tice were embroiled in a heated clash live on Sky News on Monday, 3 February, as she accused the politician of “talking rubbish” over Donald Trump’s tariffs on Mexico and Canada.

The Independent UK

Tariffs are exactly what Trump promised—the market ‘completely underpriced risks,’ says Deutsche Bank economist

Deutsche Bank has a wake-up call for analysts who denied Trump would deliver on tax rhetoric—but UBS is questioning how quickly the White House may retreat.

Fortune

What are Trump's tariffs and who will be hit next?

The president has announced new trade tariffs for Canada, Mexico and China, but has not yet done so for the EU or the UK

The Independent UK

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Global stock markets come under pressure amid ‘Trump tariff tantrum’

Markets recover some losses after Trump agreed to delay new duties on Mexico goods, sparking hopes of a reprieve

The Guardian - UK

Global Stock Markets Slump Amid Fears Of Trade War

Global stock markets decline as US tariffs on Canada, Mexico, and China raise fears of a trade war and economic repercussions worldwide.

Top News

Stocks Set to Open Sharply Lower as Trump Imposes Tariffs, U.S. Jobs Data and Earnings in Focus

March S&P 500 E-Mini futures (ESH25) are down -1.45%, and March Nasdaq 100 E-Mini futures (NQH25) are down -1.79% this morning as risk sentiment took a hit after U.S. President Donald Trump announced tariffs on Canada, Mexico, and China.

Barchart

As Mexico and Canada hit back, China pulls punches on Trump’s tariffs

Analysts say Beijing hopes to seize moral high ground with referral of tariffs to World Trade Organization.

Al Jazeera

Meet Rick Gomez: Selena Gomez's Father Who Taught Her to Love Mexico

The Mexican-American superstar has continuously shown her pride in the Mexican roots she inherited from her father throughout her career.

Latin Times

Trump to pause Canada and Mexico tariffs for at least 30 days as China levies set to take effect Tuesday – as it happened

Canadian PM Justin Trudeau says he had ‘good call’ with US president and that tariffs will be postponed for at least a month

The Guardian - US

Asian markets dive as Trump kicks off trade war

Stock markets in Hong Kong, Japan and South Korea fell as US prepares tariffs on Canada, China and Mexico.

Al Jazeera

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International Business Times

Trump Announces Talks With Canada, Mexico Over Sweeping Tariffs

President Donald Trump said he will discuss the punishing tariffs he has levied on Canada and Mexico with both countries on Monday, after arguing that Americans may feel economic "pain" from the 25 percent duties but that it will be "worth the price."

Evening Standard

European markets set for heavy falls after Trump’s EU tariff warnings

It follows a wave of weekend tariffs announced by the US president for Mexico, Canada and China.

Fortune

Asia’s postholiday markets plunge on DeepSeek, Trump tariff fallout

On Monday, Asian investors finally got to digest a week’s worth of bad news.

The Guardian - UK

US, EU and UK stock markets hit by global trade war fears as JPMorgan says Trump administration may be ‘business unfriendly’ – as it happened

European markets fall as Trump says EU tariffs will ‘definitely happen’, but stocks recover after Mexican tariffs delayed by a month

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Evening Standard

FTSE 100 Live 03 February: Trump tariffs rattle markets, index posts big fall

The FTSE 100 index today fell sharply on a monday turbulence in the city following trump tariff move target="_blank" rel="noopener">“Manic Monday” first day of trading

International Business Times

Asian Stocks Dive, Dollar Rallies As Year Of The Snake Starts With Bite

Asian stocks tanked and the dollar surged Monday after Donald Trump signed off huge tariffs on China, Canada and Mexico, and warned the European Union would be hit "pretty soon".

The Independent UK

Mayor says 5 injured in fatal Philadelphia plane crash remain hospitalized, 3 in critical condition

Philadelphia's mayor says five people hurt on the ground from a Learjet crash remain hospitalized, three of them are in critical condition

Latin Times

GOP Leaders Rally Behind Trump Tariffs: 'We Will Win This Trade War'

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."

The Conversation

Donald Trump’s tariff wallop demonstrates the brute power of an imperial presidency

As promised, United States President Donald Trump has imposed punishing tariffs on all exports from Canada and Mexico, leading to retaliatory tariffs from Canada.

Latin Times

Trump Warns Americans They Will Feel 'Some Pain' From New Tariffs

Days after announcing tariffs on "things associated with chips," president Donald Trump warned Americans they will feel "some pain" from new tariffs.

Fortune

China has a 'trick up its sleeve' to fight Trump's tariff as Beijing keeps response muted for now, former IMF adviser says

"Watch to see how the yuan moves this week."

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