Trump underscored his intention to use tariffs, a tax on foreign goods, as a tool of international economic policy and an increasingly vital source of government revenue.

As President Trump entered his second term, the trade war he started with China and which former President Biden kept in place suggests taming the deficit to

Chinese exports and investment in Mexico are quickly rising. The Trump team fears its neighbor could be used as a backdoor to the U.S. market.

BEIJING – China vowed on Jan 22 to defend its “national interests” against tariff threats from US President Donald Trump, who warned he could impose a 10 per cent duty on imports from the country by the end of next week.

China has strengthened trade with Latin America at the expense of the U.S. But Donald Trump, who threatens to raise tariffs on Mexico, could upend those ties.

President Donald Trump told reporters hours after taking office that he was considering levying a blanket duty on Mexico and Canada on Feb. 1.

President Claudia Sheinbaum is detaining more migrants, seizing more fentanyl and positioning her country as a key ally against China. But the U.S. stance has shifted, too.

The president said he planned to put tariffs on America’s neighbors on Feb. 1, as he signed an executive order mandating a sweeping review of U.S. trade policy.

Asian stocks are mixed after U.S. President Donald Trump’s latest comments on tariffs raised uncertainty in Chinese markets. Trump said Tuesday he was considering a 10% punitive duty on Chinese imports over concerns about fentanyl being smuggled from China to the U.

WASHINGTON — Amid the whirl of orders Donald Trump issued in the early hours of his presidency, one was conspicuous in its absence: new tariffs on Canada and Mexico. Trump had pledged to impose 25% tariffs on both countries on Day One of his presidency to pressure them to keep migrants and drugs out of the United States.

Filling the SPR "to the top," as Trump proposes, would suggest the repurchase of roughly 300 million barrels, De Haan said, adding that if that "isn't done carefully or is done quickly, it will likely inspire higher oil prices," because that amount of oil is significant.