President Claudia Sheinbaum of Mexico said she and the president-elect talked about Mexico’s efforts to curb fentanyl consumption and keep migrants from reaching the border.

President-elect Trump's plan to increase tariffs on goods from China and impose them on products from Mexico and Canada would drive inflation up by nearly 1%, Goldman Sachs estimates.

Economists worry that Trump's tariff plan will raise the prices of a range of imported goods, from cars to electronics.