In a letter to Mexico’s president, Claudia Sheinbaum, Mr. Trump said that Mexico was not doing enough to curb the flow of fentanyl into the United States and cited that as the reason for the tariffs. Mr. Trump added that Mexican companies were welcome to manufacture their products in the United States to avoid the tariffs.

President Trump announced on social media that he is levying 30% tariffs against Mexico and the European Union. They are set to begin on August 1.

Trump and his aides have repeatedly shifted their stance on tariffs since the president’s “Liberation Day” announcement.

Plus, the Justice Department has subpoenaed 20 doctors and clinics involved in “performing transgender medical procedures on children.”

The pause on the biggest of Trump's tariffs won't end this week, but the president continues to pledge steep new duties against major countries.

President Trump warns Canadian Prime Minister Mark Carney of a new 35% tariff on Canadian imports if the country doesn't address fentanyl trafficking and existing trade disputes.

Economists and investors are left guessing by President Donald Trump’s tariff agenda as he grants extensions then threatens higher tariffs in letters to trading partners. It remains to be

Trump's tariffs have led some companies to announce that they plan to raise prices.Even before his so-called "Liberation Day," companies warned they would pass costs on to shoppers.BI is keeping track of companies that said they'd raise prices due to tariffs — and those who already have.