During President-elect Donald Trump’s first term, America launched an all-out trade war with China to boost US manufacturing, secure US national security interests and resolve what Trump believed was an extremely out-of-balance trade relationship.

Key Takeaways After President-elect Donald Trump said that he would enact tariffs on Mexico, Canada and China, those nations urged more talks before resorting to tariffs.Mexico warned it could respond with its own tariffs,

Roughly 80% of Mexico's exports go to the United States. Mexico is currently the United States' largest trading partner, outpacing China. Trade between the U.S. and Mexico topped $855 billion annually in 2022, according to the Office of the U.S. Trade ...