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64°
Saturday, jun 20
Tag:
Claudia Sheinbaum
Business
Produce Aisle Staple Faces Steep Price Hike Under Trump's Latest Tariff
President Donald Trump's trade war with Mexico is about to raise the prices of a major ingredient in everything from pizza and pasta sauces to salads and sandwiches. Trump will begin imposing a 17.09% tariff on fresh tomato imports from Mexico on Friday, Aug. 1. The move comes as the Commerce Department officially withdrew from a longtime trade agreement governing imported tomatoes on Monday, July 14. The tariff is slightly lower than the 21% duty floated by Trump officials in April, Bloomberg reported. Trump has also announced an additional 30% tariff on other Mexican goods …
Business
Trump Halts Mexico Tariffs Amid Rising Trade Tensions, Domestic Economic Fears
President Donald Trump is reversing course on tariffs against Mexico, stepping back from a trade war he started with the nation's southern neighbor. In a Thursday, Mar. 6 post on his social media platform Truth Social, Trump said he struck a deal with Mexican President Claudia Sheinbaum to delay tariffs on goods covered by the United States-Mexico-Canada Agreement (USMCA). The pause will be in effect until Tuesday, Apr. 2. "I did this as an accommodation, and out of respect for, President Sheinbaum," Trump posted. "Our relationship has been a very good one, and we are working hard, to…
Business
Trump Pauses Auto Tariffs Amid Trade War Fallout With Canada, Mexico
President Donald Trump is giving US automakers a brief delay on tariffs imposed against Canada and Mexico as trade war tensions escalate and concerns rise domestically about the economy. The pause was confirmed at a news briefing by White House Press Secretary Karoline Leavitt on Wednesday, Mar. 5. The move came one day after Trump officially placed 25 percent tariffs on Canadian and Mexican goods while raising tariffs on Chinese imports to 20 percent. The country's "Big Three" automakers — Stellantis (formerly Chrysler), Ford, and General Motors — talked with Trump abou…
Business
Private Job Growth Hits Lowest Point In Months As Trump's Trade Wars Shake Economy
Job growth in the private sector slowed to its weakest pace in seven months, as hiring lags amid economic uncertainty and rising trade tensions, according to new data. Private employers added just 77,000 jobs in February, the ADP said in its National Employment Report released on Wednesday, Mar. 5. That number marks the smallest job growth since July 2024 and was down sharply from January's revised total of 186,000. February's data is the latest in a wave of troubling economic indicators during the first two months of President Donald Trump's return to office. "Policy uncertainty…
Business
Price Hikes Likely At Best Buy, Target As Trade Wars Escalate, CEOs Say
Shoppers at Best Buy and Target should prepare for higher prices as new tariffs on imports from Mexico, Canada, and China disrupt supply chains, according to the companies' CEOs. The heads of the retail giants sent out warnings about likely price hikes for everything from fresh produce to expensive electronics. On Tuesday, Mar. 4, President Donald Trump officially enacted 25 percent tariffs on goods from Mexico and Canada, along with raising tariffs on Chinese imports to 20 percent. Best Buy CEO Corie Barry said the chain heavily relies on China and Mexico as its top two…
Business
US, Mexico Reach Deal To Delay 25% Tariffs
Mexico and the US have reached an agreement to delay steep tariffs that were set to take effect on Tuesday, Feb. 4. Click here for a new, updated story: Proposed 25% US Tariff On Canadian Goods Will Be Paused After Earlier Deal With Mexico Mexican President Claudia Sheinbaum announced the deal Monday morning, Feb 3. It will pause the 25 percent levies for a month, and follows negotiations between Mexican officials and the Trump administration on border security and drug trafficking. Mexico committed to deploy 10,000 troops dedicated to stopping illegal drugs and migrants from…
News
Six Victims Killed In Philadelphia Plane Crash Were Mexican Citizens, 7th Dies On Ground
The president of Mexico has confirmed that all six victims killed in the Learjet 55 crash in Northeast Philadelphia on Friday, Jan. 31 were Mexican citizens. Claudia Sheinbaum shared the following statement Saturday morning, Feb. 1 on X: I regret the death of six Mexicans in the plane crash in Philadelphia, United States. The consular authorities are in permanent contact with the families; I have asked the Ministry of Foreign Affairs to support them in whatever way is required. My solidarity with their loved ones and friends. The Learjet 55, a medical transport plane carrying six people, we…