U.S. Treasury Secretary Scott Bessent said on Friday that Mexico has proposed matching U.S. tariffs on China in a move that he described as "very interesting" and one that Canada should match. Top Mexican officials have met with members of Trump's cabinet this week for trade talks ahead of a March 4 deadline,

The U.S. next week will impose an additional 10% tariff on imports from China over its role in the fentanyl trade, the president said.

Donald Trump said he planned to hit goods from China with a new 10% tariff, the latest salvo in the US president's steadily escalating trade fights. Imports from China already face taxes at the border of at least 10%, after a Trump tariff order that went into effect earlier this month.