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The lawyer Jamieson Greer is set to be the top U.S. trade negotiator, a crucial position given the president-elect's threats to impose tariffs on imports from other countries.
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Trump's Tariffs on Mexico, Canada and China Could Upend Trade and Industries: Live Updates The New York TimesMexico may retaliate with its own tariffs after Trump threat, new president says Fox BusinessTrump tries to force other countries to negotiating table on immigration and trade with promise to hike tariffs CNNTrump's Latest Tariff Threat Is Straight F
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The president-elect's opening salvo in trade and border talks with the United States' neighbors is casting a harsh light on the North American alliance.
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Stock market today: Wall Street hits records despite tariff talk The Associated PressFutures: Titans Offset Tariffs As Bitcoin Tumbles; Big Movers Late Investor's Business DailyAsia markets to open mixed even as Wall Street notches fresh records; investors assess Australia inflation CNBCStock market today: S&P 500, Dow notch fresh records as Wall Street shrugs off Trump's tariff threat
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President Trump threatened to slap hefty tariffs on three of America's biggest trading partners. Similar threats in the past haven't always been carried out.
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The president-elect's threat to hit Canada, Mexico and China with new tariffs is already rocking business and diplomatic relationships and could topple the trade pacts he signed in his first term.
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Automakers and parts suppliers would struggle if President-elect Donald J. Trump followed through on his threat to impose 25 percent tariffs on imports from Canada and Mexico.
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Automakers like General Motors and Stellantis have major production presences in Mexico and could take a hit from tariffs.
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