Trump has repeatedly said tariffs will create more factory jobs, shrink the federal deficit, lower food prices and allow the government to subsidize childcare. Economists disagree.

The two sides similarly reached a preliminary agreement in 2019, but never signed it.

The U.S. Commerce Department announced December 2 it will expand the list of companies on the so-called “entity list,” and would limit exports of high-bandwidth memory chips to China.

“This is a pivotal moment in our history," said Daggett. "The decisions we make today will determine the future for generations to come."

Trump said on social media on November 30 that Trudeau “has made a commitment to work with us” to impede drug trafficking.

The U.S.’s No. 1 trade partner has a plan if Trump does impose tariffs, but Sheinbaum says she doubts it will be necessary to implement.

President Claudia Sheinbaum warned that the proposed 25% import tariffs on all goods entering the U.S. would result in mutually assured economic destruction for both countries.

UN sanctions ban countries from selling oil to North Korea, except in small quantities, in an attempt to repress its economy to prevent it from further developing nuclear weapons.

With a barrage of sustainability laws and regulations across the globe, most companies are under-prepared to meet their obligations when it comes to reporting their emissions.