91ÊÓƵ

The goods and services trade gap narrowed almost 24% from the prior month to $59.6 billion, the Commerce Department said. The report was delayed from Oct. 7 by the federal government shutdown.

Canada’s statistics agency says it hasn’t received data on U.S. imports of Canadian goods for September, raising the possibility it will be unable to proceed with a release of trade figures.

Mexico has recovered as much as $10.9 billion in tax revenue this year due to the government’s efforts to stop illegal fuel imports, the head of Mexico’s customs agency said Oct. 20.

Volume is expected to slow in coming months as President Trump’s tariffs bite into profit margins and impact consumer prices, and uncertainty over the U.S.-China trade war increases.

Mexican officials vowed to push back against new tariffs the Trump administration is planning on heavy trucks, yet another hurdle the U.S. is throwing in front of its southern neighbor.

President Donald Trump said 25% duties on medium- and heavy-duty trucks would begin Nov. 1, the latest expansion of his tariff regime aimed at protecting domestic industries.

Ford Motor Co. shares climbed to their highest level since July 2024 on Sept. 26 on President Donald Trump’s newly announced truck levies.

American Trucking Associations in May voiced opposition to the prospect of the proposed truck tariffs, stressing the levies could cause financial strain for an industry already struggling.

The Trump administration launched investigations into imports of robotics, industrial machinery and medical devices, setting the stage for fresh duties.

Mexico is looking to apply tariffs of as much as 50% on cars and auto parts, as well as steel and textiles from China and other countries with which it does not have a trade agreement.