Mexican President Claudia Sheinbaum on Tuesday said Mexico will take action if an agreement with Washington regarding new tariffs is not reached by the August 1 deadline set by her U.S. counterpart Donald Trump.

Developers are facing mounting delays and financing hurdles as the once-white-hot sector enters a recalibration phase.

Mexico is aiming for a U.S. trade agreement before the Aug. 1 deadline, while the European Union said it is ready to retaliate against any tariffs. The post Mexico expects US trade deal shortly; EU mulls retaliatory tariffs appeared first on FreightWaves.

The U.S. just ended a decades-old tomato trade agreement with Mexico, and while prices could soon spike at grocery stores and restaurants across the country, one Stanislaus County farmer says not so fast.

Markets may be mispricing tariff risks. Find out why record customs revenue, low volatility, and past patterns make a retreat less likely this time.

The way handouts are managed also appears to have hurt education. Research by Susan Parker of the University of Maryland and colleagues has found that drop-out rates rose after Prospera was scrapped, particularly for boys aged 15-17. That is troubling since the government presents transfers as a way to deter young men from joining criminal gangs.

Businesses typically pass tariff costs onto consumers through higher prices. Sometimes, that process is less subtle.

In the wake of new tariffs, the San Diego Regional Chamber of Commerce announced Monday that its senior leadership met with U.S. Ambassador to Mexico Ronald Johnson and emphasized the importance of a stable trade relationship between Mexico and the United States.