President Trump says he'll impose tariffs on Mexico and Canada on Tuesday. Mexico is working hard to persuade Trump to hold off on the threat.

U.S. Treasury Secretary Scott Bessent said on Friday that Mexico has proposed matching U.S. tariffs on China in a move that he described as "very interesting" and one that Canada should match.

President Donald Trump said he plans to impose tariffs on Mexico and Canada on March 4. The move, which includes an additional 10 percent tariff on Chinese imports, has drawn concerns over economic ramifications and potential retaliation from key trading partners.