Mexican President Claudia Sheinbaum threatened to retaliate with her own tariffs against the United States, after President-elect Trump suggested he would impose a 25 percent tax on imported goods from Mexico if her country did not stop the flow of drugs across the border. In remarks on Tuesday, Sheinbaum said that drugs were a U.S.…

Canada was scrambling Tuesday to blunt the impact of US President-elect Donald Trump's threat to implement steep tariffs once he takes office, as experts warned of a potentially "catastrophic" hit to the Canadian economy.

Mexico and Canada are the United States’ top two trading partners, accounting for nearly 30% of trade volumes.