President Donald Trump's "Liberation Day" appeared set to end North American free trade and Mexico's privileged access to the U.S.

As the Trump administration has imposed tariffs on Mexico, the United States' southern neighbor hopes some exemptions could make the country's auto industry a winner in the trade war. Tobias Käufer reports from Puebla.

In a recent clarification, the White House corrected Treasury Secretary Scott Bessent's statement regarding the inclusion of Mexico and Canada in a global tariff list.

That 125% tariff rate refers to this most recent round of tariffs rather than the tariff rate on Chinese goods overall, the White House confirmed Thursday, meaning that number does not include other tariffs that have previously been levied on China—most notably a 20% tariff that Trump levied because of China’s role in the fentanyl crisis.

World leaders and officials reacted to President Donald Trump’s decision on April 9, to increase tariffs on China but pause and lower tariffs on other countries.