When Dennis Nixon started working at a regional bank in Laredo, Texas, in 1975, there was just a trickle of trade across the border with Mexico. Now, nearly a billion dollars of commerce and more than 15,000 trucks roll over the line every day just a quarter mile from his office, binding the economies of…
The Trump administration plans to move forward with imposing stiff tariffs on Mexico, Canada and China on Saturday, in an attempt to further pressure America’s largest trading partners to accept deportees and stop the flow of migrants and drugs into the country. In a press briefing Friday, White House press secretary Karoline Leavitt said the…
Oil and gas companies in the United States are bracing for the possibility that President Trump will thrust their businesses into disarray and will drive up prices at the pump by imposing 25 percent tariffs on goods from Canada and Mexico. The United States is the world’s largest oil producer, but the country’s refineries are…
When President Gustavo Petro of Colombia announced on social media on Sunday that he had turned back U.S. military planes carrying deportees, President Trump came down hard. He threatened tariffs and penalties so extreme Mr. Petro was forced to back down. “They pushed until he had to bend,” Jorge Enrique Robledo, a former longtime Colombian…
High inflation is stoking fresh debate about how the Federal Reserve should respond to President Trump’s sweeping plans to reorder the world economy through tariffs, leading to questions about whether old playbooks still apply. On Saturday, Mr. Trump is poised to impose 25 percent tariffs on imports from Mexico and Canada as well as an…
General Motors executives are closely tracking President Trump’s plans to impose tariffs on imports from Canada and Mexico, but the company is not yet making any major changes to its strategy in North America. The automaker has pulled together an “extensive playbook” of possible options but won’t put them in place “until the world changes…
Mexico has received non-Mexican migrants from the United States in the past week, and Central American nations could also reach similar agreements with the US to accept deportees from other countries, Mexican President Claudia Sheinbaum said on Monday. The leftist leader’s comments are a reversal from her administration’s previous opposition to Mexico receiving migrants from…
Google Maps will change the name of “Gulf of Mexico” to “Gulf of America” once it is officially updated in the US Geographic Names System, Google said in an X post on Monday. The change will be visible in the US, but the name will remain “Gulf of Mexico” in Mexico. Outside the two countries,…
President Trump is swinging American energy policy sharply in favor of fossil fuels, but oil and gas companies say those changes won’t push them to engage in the frenzy of new drilling that Mr. Trump wants. The oil industry is thrilled by Mr. Trump’s executive orders, which are designed to make life harder for renewable…
Days after enacting a government hiring freeze, US President Donald Trump said he plans to reassign nearly 90,000 federal tax officials to guard the southern border with Mexico. The ominous announcement indicates Trump is gunning for the Internal Revenue Service (IRS), a federal agency under the Department of the Treasury which administers and enforces tax…