President Trump, who has insisted Aug. 1 is a firm deadline for countries around the world, said that "the complexities of a Deal with Mexico are somewhat different from other Nations."

On Thursday, Donald Trump announced sweeping new tariffs against U.S. trading partners that will go into effect next week. The announcement came on the same day that an appeals court grappled with the question of whether Trump’s tariffs are even legal.

President Trump aims to use a historic increase in tariffs, which he announced on July 31, to overhaul global trading alliances.

President Donald Trump’s trade war strategy is yielding results, but economists warn of potential risks to the global economy.

President Trump has long wanted to rework world trade. The tariffs set to go into effect next week will carry out that plan.

Trump has justified tariffs on goods from Canada, the top U.S. export market, by accusing it of failing to stop the cross-border flow of fentanyl, even though U.S. government data shows Canada accounts for only 1% of the fentanyl that enters the United States.