Chinese companies looked to Mexico more than most. Their investment in the country has surged. Mr Trump (who has already threatened to apply a tariff of 25% to Mexican imports “on day one” unless it stops migrants and drugs from illegally crossing the border) believes those firms are using Mexico as a tariff-free gateway to the United States.

Mexico has recently decided to increase tariffs on apparel imports, a move that is going to fundamentally alter global trade. Earlier in December, President Claudia Sheinbaum announced increases of 15% for textiles and up to 35% for finished apparel products.

China’s decision this week to slap several major U.S. defense firms with penalizing trade measures is being viewed as a “shot across the bow” ahead of President-elect Trump’s inauguration. The move — targeting defense contractors Raytheon,

Mexico's tax authority SAT issued new tariffs on Tuesday, which it said will strengthen the surveillance of goods from Asia, a measure that could impact popular online retailers like Shein and Temu.

Business leaders in Mexico say the incoming U.S. administration will enhance the appeal of their factories as an alternative to plants in China.

TikTok Shop’s geographic expansion south of the United States shows it is undeterred by Washington’s ‘sell-or-ban’ law.

The incoming US president is intent on pushing through policies that may provoke Mexico to respond with tariffs of their own − or other measures that would hurt American consumers and US interests.

The Heritage Foundation recently called for sanctions against China and Mexico for their alleged role in manufacturing and distributing fentanyl, and also

In Mexico, Chinese cars are being seen as more premium alternatives, with sales rising. Audi and Mercedes Benz sales in Mexico dropped by 21.9 percent and 9.8 percent respectively. Buyers are moving away from luxury sedans and into cheaper options, as well as EVs.

One of Trump's main promises was to increase tariffs on imported products, which would lead to an increase in what you pay at the supermarket checkout.

In air cargo, Freightos Air Index data show that transpacific rates eased to US$5.67/kg last week from highs of around US$7.00/kg earlier in December as peak

Homeless Pedro López Camacho is among those who took the cash, and the needle, several times. He survived, but says he saw many others take their final breaths after receiving a shot.