BusinessMexicoHow will US tariffs affect Mexico's economy?03:06This browser does not support the video element.BusinessMexicoJessica Saltz01/31/2025January 31, 2025US President Donald Trump has announced he is imposing tariffs on the US' three largest trading partners — Canada, Mexico and China — starting on February 1. Analysts say the US tax will likely deal a heavy blow to Mexico.Copy linkAdvertisement