Trump positioned the tariffs as a way to “halt the flood of poisonous drugs into the United States,” referring to fentanyl. The change will have a big impact on the cost of a wide variety of goods imported from each country, including electronics, produce, clothing, and much more.

President Donald Trump has proposed abolishing federal income taxes, suggesting that tariffs and taxes on foreign nations could replace the revenue.

U.S. President Donald Trump held off Monday on his tariff threats against Mexico for one month of further negotiations after Mexican President Claudia Sheinbaum agreed to send 10,000 members of her country's national guard to the border to address drug trafficking.

President Donald Trump said Sunday that Americans could feel “some pain” from the emerging trade war triggered by his tariffs against Canada,

U.S. President Donald Trump held off Monday on his tariff threats against Mexico for one month of further negotiations after Mexican President Claudia Sheinbaum agreed to send 10,000 members of her country's national guard to the border to address drug trafficking.

The Canadian prime minister said the country has a $1.3 billion border plan and 10,000 "frontline personnel" protecting the border.

President Donald Trump on Monday held off on his tariff threats against Mexico and Canada for 30 days after the two U.S. neighbors agreed to boost border security efforts.

Mexico staved off President Donald Trump’s tariffs for now, while Canada continues to fight back ahead of their midnight imposition, capping a tumultuous morning in North American diplomacy and markets.

President Donald Trump and Mexican President Claudia Sheinbaum have agreed to pause tariffs on Mexican imports for one month.

Mexico agreed to rush 10,000 national guard troops to the border to strengthen efforts to block the flow of drugs, especially fentanyl, coming into the United States.