A potential trade war between the United States and its two neighbors has been thwarted for now, though the U.S.-China status remains murky after both parties implemented tariffs on Tuesday, their leaders yet to speak with one another as of late afternoon.

After Trump took Mexico and Canada to the brink of trade wars, both nations have managed to defuse his tariff bombs. (At least, for now . . . ) Trump halted sweeping tariffs on the US’s two biggest trading partners after separate bilateral phone calls with Mexican President Claudia Sheinbaum and Canadian Prime Minister Justin Trudeau.

President Donald Trump agreed to delay 25% tariffs on Canada and Mexico for a month after both US neighbors agreed to take tougher measures to combat migration and drug trafficking at the border, warding off a continental trade war for now.

Experts say the 1977 International Emergency Economic Powers Act is untested for imposing import tariffs and Trump's action will likely face swift court challenges that could set important precedents.

Canada and Mexico ordered retaliatory tariffs on American goods in response to sweeping tariffs imposed by U.S. President Donald Trump. Businesses and consumers in both countries questioned Sunday how

As U.S. President Donald Trump continues to hold out the threat of steep tariffs on Canadian imports, the federal trade minister is citing new trade deals with Ecuador and other nations as proof that