Commerce Secretary Howard Lutnick reminded us of an important but little-discussed part of trade negotiations with Canada and Mexico -- "virtually 75%" of trade between the U.S. and its two neighbors is "already tariff free" because of the USMCA agreement.

The agreements have been overshadowed by U.S. firms issuing warnings about how the tariffs will affect their bottom lines and prolong uncertainty in the U.S. economy.

The tariffs are likely to inflame tensions with one of the largest U.S. trading partners.

Mexico's concern that water could become part of trade negotiations, and details of the scramble to increase deliveries, have not been previously reported. Tension is building both with the U.S ...

Mexico’s Deputy Economy Minister for Trade Luis Rosendo Gutierrez, the nation’s second most senior commerce negotiator, said that talks over the White House’s latest round of global tariffs ...