Commerce Secretary Howard Lutnick reminded us of an important but little-discussed part of trade negotiations with Canada and Mexico -- "virtually 75%" of trade between the U.S. and its two neighbors is "already tariff free" because of the USMCA agreement.

President Donald Trump's confused messaging depresses business and consumer confidence, slows growth and imposes recession risks.

The action came after the Commerce Department ended a six-year agreement favored by U.S. distributors and importers.

Mexico is aiming for a U.S. trade agreement before the Aug. 1 deadline, while the European Union said it is ready to retaliate against any tariffs. The post Mexico expects US trade deal shortly; EU mulls retaliatory tariffs appeared first on FreightWaves.

What Mexico's New Tariffs and Trade Restrictions Could Mean for US Businesses. ... U.S.-Mexico-Canada Agreement-qualifying products are exempt from the duties, which will remain in place until ...

Mexico President Sheinbaum announces plans to impose retaliatory tariffs on U.S. goods, aiming to counter recent U.S. trade measures Skip to content NOWCAST KCRA 3 News at 6pm

Mexico President Claudia Sheinbaum said Tuesday that Mexico will respond to 25% tariffs imposed by the United States with its own retaliatory tariffs on U.S. goods.

Years of drought in Mexico have already strained its sugar exports to the US, and now proposed tariffs are set to further disrupt this once-reliable trade relationship. President Trump’s planned ...