Mexican companies hold back U.S.-bound exports, hoping for tariff reversal
The flow of Mexican goods exported to the United States has slowed as companies anxiously hold back stock and wait to see if U.S. President…
Tariff reprieve likely to be extended to all USMCA-compliant goods, Lutnick says
U.S. Commerce Secretary Howard Lutnick on Thursday said the one-month reprieve on hefty tariffs on goods imported from Mexico and Canada that has been granted…
IMF says U.S. tariffs, if sustained, will hit economies of Mexico, Canada
If sustained, U.S. tariffs imposed on Mexico and Canada will have a significant adverse impact on the those countries, the International Monetary Fund said on…
Microsoft to invest $300 million more in South Africa’s AI infrastructure
Microsoft will invest an additional 5.4 billion rand ($296.81 million) by the end of 2027 to expand its cloud and artificial intelligence infrastructure in South…
Canada’s January trade surplus at 32-month high as firms stockpile on tariff threat
Canada's trade surplus in January exceeded expectations by a wide margin to post a 32-month record as fears of tariffs from the U.S. pushed exports…
Trump exempts Mexico goods from tariffs for a month, but doesn’t mention Canada
U.S. President Donald Trump on Thursday said Mexico won't be required to pay tariffs on any goods that fall under the United States-Mexico-Canada Agreement on…
Trump exempts some automakers from Canada, Mexico tariffs for one month
U.S. President Donald Trump will exempt automakers from his punishing 25% tariffs on Canada and Mexico for one month as long as they comply with…
BEA news: U.S. international trade in goods and services, January 2025
The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today:
Canada will continue to engage with US about tariffs, says Trudeau
Canada will continue to engage with senior Trump administration officials about the tariffs the United States plans to impose on all Canadian imports, Prime Minister…
After Trump’s tariffs, Mexico seeks Asian and European crude oil buyers
Mexican state company Pemex is in talks with potential buyers in Asia, including China, and Europe, as it seeks alternative markets for its crude after…
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