The United States will enter a 90-day negotiating period with Mexico over trade as 25% tariff rates stay in place, part of the rush of trade activity Thursday before President Donald Trump plans to impose a broad set of global import taxes.

President Donald Trump has signed an executive order that sets new tariffs on a wide swath of US trading partners to go into effect on August 7.The move is the next step in his trade agenda that will test the global economy and sturdiness of American alliances built up over decades.