Live updates: Trump pauses Mexico tariffs; DOGE takes aim at spending, USAID
As President Trump's tariff war with Canada, Mexico and China heats up this week, fallout is expected in the markets and on Capitol Hill.
Mexico and the U.S. struck at deal to delay that nation's tariffs for a month, Mexican President Claudia Sheinbaum said Monday. Meanwhile, Trump and Canadian Prime Minister Justin Trudeau are engaged in an ongoing conversation about trade levies imposed on that nation's goods.
Amid tariff news, two other major storylines emerged over the weekend: Elon Musk and his Department of Government Efficiency (DOGE) leading the charge against the U.S. Agency for International Development (USAID) and taking control of the federal payment system that disburses trillions of dollars annually.
Meanwhile, Democrats are fuming about their party leadership’s early response to Trump across the board.
This week, the Senate is set to hold more votes on Trump’s Cabinet nominees, while questions loom about the viability of some of his more controversial picks. On Monday, the Senate is expected to vote to confirm Christopher Wright as Energy secretary.
Follow along all day for updates on these storylines and more.
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Markets whipsaw as Donald Trump pauses tariffs on Mexico
US stocks and peso recover earlier losses after month-long delay agreed between the two countriesFinancial Times - 52m -
Trump's deal with Mexico on tariffs pause, border security
President Trump has reached a deal with the president of Mexico to pause tariffs for a month. Mexico agreed to send 10,000 troops to the U.S.-Mexico border as part of the deal. CBS News' Nancy ...CBS News - 1h -
Trump pausing tariffs on Mexico for a month
President Trump says he's pausing for one month the tariffs against Mexico that had been set to be implemented Tuesday. CBS News chief White House correspondent Nancy Cordes has the latest details.CBS News - 2h -
Trump pausing Mexico tariffs for one month
President Trump will be pausing the planned tariff on Mexico for one month and Mexican President Claudia Sheinbaum announced she will be sending members of the National Guard to the U.S. border to ...NBC News - 3h -
Tariffs latest: Trump pauses tariffs on Mexico
US stock markets stage partial rebound after talks between US president and Mexican counterpartFinancial Times - 17h -
Trump pauses tariffs on Mexico for 1 month
President Trump announced he is pausing tariffs targeting imports from Mexico for a month after the country's president agreed to send 10,000 troops to the U.S.-Mexico border.CBS News - 2h
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