In a letter to Sheinbaum, Trump wrote that the tariffs would take effect on August 1 and come in response to fentanyl trafficking.
The Liberals, who surged since the resignation of Justin Trudeau, will remain in power for a fourth consecutive term.
Private and public sector leaders share how Mexican investments are driving jobs and growth across industries—from steel to baked goods.
CEOs of leading Mexican companies and Secretary Marcelo Ebrard spotlighted how two-way investment boosts key industries in North America’s economy.
Most leaders conveyed frustration or made requests to negotiate while some expressed gratitude for only getting the baseline rate.
The baseline 10% tariff applies to many countries in the Americas, with notable exceptions.
Amid growing uncertainty, Mexico's president addressed trade negotiations and plans for the economy in a major speech.
