The one-month exemption to 25% tariffs on vehicles and auto parts will be a big challenge for car companies to reset supply chains, say experts.

The tariff actions, which could upend nearly $2.2 trillion in two-way annual U.S. trade, went live hours after Trump declared that all three countries had failed to do enough to stem the flow of the deadly fentanyl opioid.

The leaders of both Canada and Mexico got on the phone with President Donald Trump this past week to seek solutions after he slapped tariffs on their countries, but China’s president appears unlikely to make a similar call soon.

Mexican President Claudia Sheinbaum on Tuesday condemned U.S. President Donald Trump's 25% tariffs on imports from Mexico and said her government would respond with its own measures, without immediately providing details.

China is benefiting as the U.S. hits Canada and Mexico with tariffs, sparking retaliatory measures, according to one Brookings expert.

The trade war with the United States' closest neighbors kicked off Tuesday, with 25% tariffs levied against the goods from Canada and Mexico and another 10% on products from China. While it may take some time for Spokane residents to feel the effects,

Commerce Secretary Howard Lutnick said Sunday that the Trump administration's threatened 25% tariffs on steel and aluminum imports will start Wednesday and tariffs on Canadian dairy and lumber products will go into effect on April 2.

White House economic adviser Kevin Hassett admitted that President Donald Trump was launching a "trade war" after insisting that tariffs against Mexico and Canada were part of a "drug war." During a Sunday interview on ABC's This Week program,