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Mexican President Claudia Sheinbaum defended her push to slap new tariffs on Chinese imports, insisting she doesn't seek conflict with China but wants to protect domestic industry.

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.

Amazon has taken a stake in Colombian delivery company Rappi, a partnership that pairs Amazon's retail and technology infrastructure with one of Latin America’s best-known last-mile companies.

The announcement follows similar moves by postal services from the European Union and several other countries as the de minimis exemption ends Aug. 29.

The tariff hikes, expected for imports including cars, textiles and plastics, aim to shelter domestic manufacturers from Chinese competition, according to people briefed on the matter.

Canadian PM Mark Carney is expected to meet with Mexican President Claudia Sheinbaum to discuss reinforcing supply chains and key infrastructure to grow bilateral trade.

More than 1,200 truckers have been removed from U.S. highways since late June for being unable to communicate adequately in English or read English-language highway signs.

President Donald Trump raised the tariffs on Canadian goods to 35% last week, but a key exemption for Canada and Mexico shields the vast majority of goods from the punishing duties.

Trump said that goods from Mexico imported into the U.S. would continue to face a 25% tariff, and that autos would face a 25% tariff, while copper, aluminum and steel would be taxed at 50%.

President Donald Trump said in a Truth Social post that Coca-Cola Co. has agreed to use cane sugar in Coke beverages sold in the U.S.