Mexican President Claudia Sheinbaum said Mexico will respond to the new taxes with its own retaliatory tariffs. Sheinbaum said she will announce the products Mexico on Sunday. The delay might indicate that Mexico still hopes to de-escalate Trump's trade war.

President Trumps tariffs on China, Canada and Mexico could have big impact on Alabama consumers and manufacturers. Here's where they could hit hardest.

Mexican President Claudia Sheinbaum on Tuesday condemned U.S. President Donald Trump's 25% tariffs on imports from Mexico and said her government would respond with its own measures, without immediately providing details.