President Donald Trump announced new trade deals with Japan and the Philippines this week, bringing the total number of deals to five. However, several major trading partners still haven’t reached trade agreements with the U.S. ahead of the Aug. 1 deadlines.

Commerce Secretary Howard Lutnick reminded us of an important but little-discussed part of trade negotiations with Canada and Mexico -- "virtually 75%" of trade between the U.S. and its two neighbors is "already tariff free" because of the USMCA agreement.

Mexican President Claudia Sheinbaum said on Wednesday that she had spoken with Canadian Prime Minister Mark Carney and that the two had agreed to strengthen trade collaboration, particularly in light of the tariffs from U.

The action came after the Commerce Department ended a six-year agreement favored by U.S. distributors and importers.

The cost of coffee has jumped to an average of $8.13 a pound, up from $6.25 a year ago, according to the Bureau of Labor Statistics.

Years of drought in Mexico have already strained its sugar exports to the US, and now proposed tariffs are set to further disrupt this once-reliable trade relationship. President Trump’s planned ...