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U.S. Treasury Secretary Scott Bessent said Mexico has proposed matching Washington’s tariffs on China and urged Canada to do the same.

President Donald Trump says he plans to impose tariffs on Canada and Mexico starting March 4, in addition to doubling the 10% universal tariff charged on imports from China.

President Donald Trump said he expected tariffs planned to take effect on Canada and Mexico to go ahead next month following an initial delay.

Some 99% of executives surveyed across the U.S., Canada, Mexico and four Western European nations plan to boost spending on workforce safety and security technologies.

Mexico is weighing possible levies on Chinese imports as it pushes for a deal to avoid the 25% tariffs that President Donald Trump has threatened to impose on its goods before a March deadline.

President Donald Trump on Feb. 13 rolled out his plan to increase U.S. tariffs to match the tax rates that other countries charge on imports, possibly triggering broader confrontation.

President Donald Trump plans to sign an order as soon as Feb. 12 that would require that U.S. tariffs on imports match the tax rates charged by other countries.

Mexico will consult with the U.S. to explain why it considers the steel and aluminum tariffs ordered by President Donald Trump as “not justified,” said Economy Minister Marcelo Ebrard.

González will be replaced April 1 by Jaime Muguiro, who is the current head of Cemex’s U.S. operations, the company said in a statement.

The transportation sector is bracing for the possibility that a slew of new tariffs could soon hit some of its most critically important industries, according to experts.