Trump underscored his intention to use tariffs as a tool of international economic policy and an increasingly vital source of government revenue.

President Claudia Sheinbaum is detaining more migrants, seizing more fentanyl and positioning her country as a key ally against China. But the U.S. stance has shifted, too.

US President Donald Trump said on Tuesday that he is considering imposing an additional 10 percent tariff on imports from China starting on February 1st. That is the same date on which he is mulling slapping 25-percent tariffs on imports from Mexico and Canada.

Chinese markets were relieved after Beijing avoided an instant blizzard of executive orders, but Mexico's peso and Canada's dollar weren't so lucky.

As Donald Trump is sworn in as the 47th president, he's not expected to impose China-specific tariffs on his first day in office, signaling a strategic shift toward engagement with Beijing rather than reigniting a trade war.

Base metals declined after US President Donald Trump said he would likely enact tariffs on Mexico and Canada by Feb. 1, hurting market sentiment even as he held off from imposing levies on China.

The reports from the secretaries of commerce and treasury and the chief trade negotiator are due April 1. The United States might impose “tariffs of 25, 30, 40, 50 percent, even 100 percent” on Chinese goods if Beijing balks at a potential resolution of U.S. concerns over TikTok’s Chinese ownership, Trump said.

MOST Asian markets extended a global rally on Wednesday as investors gave a cautious welcome to Donald Trump’s first full day in office amid hopes he will take a more cautious approach on trade than initially feared.

Within hours of his return to the White House, Trump (pictured) signed a flurry of executive orders and signalled an era of upheaval for the world economy.

Most Asian markets extended a global rally Wednesday as investors gave a cautious welcome to Donald Trump's first full day in office amid hopes he will take a more cautious

Whether tariffs will do anything to close the trade deficit or bring back manufacturing or end any crisis is debatable