2 days ago · WASHINGTON (AP) — Having already forced Colombia to accept deportees by threatening a 25% tariff, President Donald Trump is readying the same move against Canada and Mexico as soon as Saturday. But this time, the stakes are higher and many economists surveying the possible damage doubt Trump would be comfortable with what they say would be self-inflicted wounds from the tariffs.

Jan 21, 2025 · The tariffs, if enacted, could strain Americans’ wallets, especially given Mexico and Canada are two of America’s top three trade partners. Collectively, they accounted for 30% of the value of ...

23 hours ago · At the same time, Canada and Mexico sent $1.01 trillion worth of goods to the US. The US trade deficit with Canada is over $40 billion, while the trade deficit with Mexico is over $162 billion.

7 hours ago · (NAFTA was replaced by the United States-Mexico-Canada Agreement, USMCA, in 2020.) As the industry became ever more global and competitive, American firms, seeking cheaper manufacturing, looked south.

6 days ago · A 25% tariff on all goods from Mexico and Canada would wipe out $200 billion from US gross domestic product (GDP) and $100 billion from Canada’s smaller economy and knock 2% off Mexico’s ...

2 days ago · Leavitt was asked about efforts by Canada and Mexico to address Trump's concerns about border security but only noted a "historic level of co-operation from Mexico" — without mentioning Canada's ...

Jan 21, 2025 · President Donald Trump said in an Oval Office signing ceremony Monday evening that his administration will impose 25% tariffs on Mexico and Canada on February 1, an extraordinary change in North ...

Jan 21, 2025 · Canada’s outgoing prime minister and the leader of the country’s oil rich province of Alberta are confident Canada can avoid the 25% tariffs President Donald Trump says he will impose on Canada and Mexico on Feb. 1 by arguing that Canada is the energy super power that has the oil and critical minera

The nations of Canada and Mexico established formal diplomatic relations in 1944. [1] Initially, ties between the two nations were dormant, but since the 1990s relations between Canada and Mexico have positively developed as both countries brokered NAFTA.

In 2024, Canada and Mexico celebrate 80 years of diplomatic relations, sharing a vibrant, multi-faceted relationship that is characterized by deep people-to-people ties, rich cultural connections and growing trade and investment.