President Trump, who has insisted Aug. 1 is a firm deadline for countries around the world, said that "the complexities of a Deal with Mexico are somewhat different from other Nations."

Businesses finally got a bit more certainty on the direction of President Donald Trump’s trade war, but it’s not making it much easier to digest. A half-dozen leaders from financial firms, corporations and trade groups said in interviews that the series of tariff rates Trump unveiled Thursday night were steeper than they had expected,

U.S. President Donald Trump said on Thursday he had agreed with Mexican President Claudia Sheinbaum to extend an existing trade deal with Mexico for 90 days and continue talks over that period with the goal of signing a new deal.

Canada's recognition of Palestinian statehood will make it tougher for the U.S. to agree to a trade deal with its northern neighbor, President Donald Trump warned overnight, with just a day to go until the deadline the White House has set for tariffs to snap higher.

The Trump administration’s tariffs are facing a major challenge in front of federal judges. Meanwhile, Mexico got a 90-day reprieve from higher rates.

President Donald Trump formalized his reciprocal tariffs policy on Thursday, imposing stiff levies on dozens of nations.

The president had threatened tariffs of 30 percent on goods from Mexico in a July letter, something that Sheinbaum said Mexico gets to stave off for the next three months.