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Stock Markets Rebound As Trump Pauses Tariffs On Automobile Industry

Wall Street bounced back Wednesday from consecutive bad days on news that President Donald Trump is pausing the potentially devastating automobile tariffs against Canada and Mexico.

International Business Times

Trump Loves Tariffs. Fentanyl Is Just an Excuse.

If tariffs are a poor method of collecting revenue or strengthening trade, they're even less effective at stopping the flow of illegal drugs.

Reason

Trump’s tariffs could spur push to rewrite North America trade pact

The Trump administration is trying to rewrite numerous trade rules to extract concessions from allies and adversaries.

Al Jazeera

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Trump's Canada, Mexico Tariff Threat Aimed At Gaining Leverage In Trade Talks: Experts

President Donald Trump's threats to impose punishing tariffs on Canada and Mexico may be part of a strategy to gain leverage ahead of new negotiations on a regional trade agreement, experts said.

International Business Times

How Trump Could Unilaterally Place Tariffs on Mexico and Canada

They are allied countries with which the U.S. has a trade deal (a deal negotiated by Trump, no less), but presidential emergency powers are nearly limitless.

Reason

What Would Trump Tariffs Mean For Key Trade Partner Mexico?

US President Donald Trump has threatened to slap a 25-percent tariff on Mexican goods on February 1, a move that analysts say would deal a heavy blow to Latin America's second-largest economy.

International Business Times

Countries criticize Trump tariff plans, which could flout trade pacts - Roll Call

Trump’s tariff plans were criticized by Mexico, Canada and China and raised questions about potential trade pact violations.

Roll Call

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Trump’s incoming ‘border czar’ promises secure southern US border – as it happened

This live coverage has ended. you can find our US politics stories here.

The Guardian - AU

Forget China, Mexico’s trump card is BMW’s secret weapon for electric cars

“BMW will be the first premium automaker to produce EVs and batteries in Mexico.”

Fortune

Trump Vows Big Tariffs On Mexico, Canada And China

US President-elect Donald Trump said Monday he intends to impose sweeping tariffs on goods from Mexico, Canada and China in response to illegal drug trade and immigration.

International Business Times

Trump Floats Tax Break for Carmakers Hurt by His Own Trade Deal

After proposing a deduction for interest paid on car loans, the former president suggested it would apply only to vehicles made in America.

Reason

Trump Plans To Renegotiate USMCA Trade Deal For American Jobs

Former President Trump plans to renegotiate the USMCA to enhance American manufacturing and job creation, with a focus on worker protections and sector-spe...

Top News

Kamala Harris has a history of opposing trade deals that are bad for workers and the environment

One expert calls Harris' approach to trade policy that of a "centrist Democrat" who is unwilling to compromise certain priorities.

Fortune

Prospect of low-priced Chinese EVs reaching US from Mexico poses threat to automakers

America’s auto industry has grown concerned that Chinese carmakers may be preparing to set up shop in Mexico to exploit North American trade rules

The Independent UK

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International Business Times

Mexico Needs American Corn Farmers Over Protectionism

Under such an import ban, food insecurity levels could double or even triple in the nine poorest Mexican states. Mexico's GDP could fall by nearly $12 billion over 10 years.

Tom’s Hardware

Make AI servers in Mexico, US tech firms tell Taiwanese manufacturers

US tech giants are keen for their Taiwanese manufacturing partners to set up in Mexico. The idea has proven attractive to giants like Foxconn and others, says the report, and geopolitics aside, it looks like a savvy move to have manufacturing that much closer and to benefit from the attractive…

InsideEVs

Sacramento Looks to Ban New Gas Stations

Today on Critical Materials: Sacramento looks to ban new gas stations, Ford sees China's EVs as a "colossal" threat, and 2024's EV tax credits hit $135M so far.

The Times of India

A wary world girds for Donald Trump’s return to the White House

When Estonia’s much-fêted prime minister, Kaja Kallas, went to Washington in November, she didn’t just meet with White House officials. She also made sure to talk to key allies of Donald Trump.

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The Independent UK

North American trade pact on 3rd anniversary: Optimism is rising for US and Mexican workers

To President Donald Trump, America’s trade relationship with Mexico was intolerable

Salon

A heated debate over corn

" . . . the factor of cultural significance raises an important question: Is science all that matters?"

The Conversation

Catch-22: Canada's attempts to phase out fossil fuel might result in it paying the polluters

US$20 billion: That’s how much American investors think Canadian taxpayers should fork over to compensate them for their failed bid to develop a liquefied natural gas (LNG) facility in Québec.

The Independent UK

USMCA commission to open environmental probe of Mexico train

The trilateral Commission for Environmental Cooperation established by the U.S., Mexico and Canada has recommended opening an investigation into Mexico’s multibillion-dollar tourist train project on the Yucatán peninsula

The Independent UK

In Mexico, US complaints help union organizing efforts

It has been nearly two years since the United States began pressing Mexico over labor rights violations, by using rapid dispute resolution methods contained in the U.S.-Mexico Canada free trade agreement

The Independent UK

Mexico and Canada leaders talk investment, energy dispute

Mexico’s president has lauded investments from Canada and says he will meet with Canadian companies that may have a problem with his energy policies

Reuters

Decision on North American auto rules dispute 'imminent', Canada says

A decision should be made very soon on a dispute pitting Canada and Mexico against the United States on the interpretation of regional trade rules in the auto industry, Canada Minister of International Trade Mary Ng said on Friday.

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