Trump's moves effectively launched new trade conflicts with the U.S.'s top three trading partners and threatened to upend two-way annual trade worth, according to data from the Office of the U.S. Trade Representative,

Mexico President Claudia Sheinbaum said Tuesday that Mexico will respond to 25% tariffs imposed by the United States with its own retaliatory tariffs on U.S. goods. Sheinbaum said she will announce the products Mexico will target on Sunday in a public event in Mexico City’s central plaza,