The first military zone, set up along a 170-mile stretch of border in New Mexico in April, came days after an executive order from President Donald Trump called on the military to repel an “invasion” at the border and directed several federal agencies to transfer control of public land to the Defense Department.

President Donald Trump posted letters to the leaders of Mexico and the European Union, saying they had not done enough to head off the new tariffs.

Betting on Mexico’s currency has paid off for investors even amid Donald Trump’s trade war.The peso is up more than 11% this year, beating all regional peers, even as it dipped Monday following the latest tariff news — a threat of a 30% levy announced over the weekend.

The pause on the biggest of Trump's tariffs won't end this week, as planned, but the problems they present still loom large.

When it comes to the U.S. president, the vast majority of Mexican adults (91%) say they have little to no confidence in Trump to do the right thing regarding world affairs. By comparison, a smaller majority of Mexicans (60%) expressed little or no confidence in Biden in 2024.

Wall Street is pointing lower before the opening bell with new tariffs announced for Europe and Mexico and as the unofficial start of earnings season get under way this week. Futures for the S&P 500,