Mexican President Claudia Sheinbaum on Thursday celebrated the preferential tariff treatment Mexico receives under the US-Mexico-Canada Agreement (USMCA) after her country was excluded from U.S. President Donald Trump'ssweeping new tariffs.

President Trump didn’t do homebuilders any favors by imposing a dramatic 54% tariff on China, a critical supplier of construction materials.

Mexico celebrated Thursday having dodged the latest round of tariffs from the White House taking aim at dozens of U.S. trading partners around the world, but was also quickly reminded that in a global economy the effects of uncertainty can’t be entirely avoided.

China on Thursday urged the United States to immediately cancel its latest tariffs and vowed countermeasures to safeguard its own interests, after President Donald Trump declared sweeping levies on U.

Punishing tariffs on Vietnam, Cambodia, Thailand and others in the region threaten their position as major manufacturing hubs for the American market.

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As Trump targets China and Mexico with new tariffs, Chinese companies quietly expand in northern Mexico to access the US market tariff-free.

The president unveiled rates that were much higher than most analysts expected against China, the E.U. and many other countries. Sources: White House, Observatory of Economic Complexity Notes ...