By FERNANDA FIGUEROA
As 25% tariffs on imports from Mexico and Canada are set to take effect on Tuesday, Hispanic-owned businesses and companies that depend on cross-border trade are already passing higher prices onto consumers and preparing to sharply reduce imports.
By DIDI TANG and MICHELLE L. PRICE
WASHINGTON (AP) — Chip giant Taiwan Semiconductor Manufacturing Co. plans to invest $100 billion in the United States, President Donald Trump said Monday, on top of $65 billion in investments the company had previously announced.
The last time SpaceX launched its Starship and Super Heavy rocket, the upper stage disintegrated spectacularly over the Atlantic. Two months later, SpaceX is set to try again today with less explosive results.
A Monday attempt, though, was scrubbed, but the company could try as soon as Tuesday.
Live webcast of Starship’s eighth flight test starts now https://t.co/Q9HTUSYmtf
— SpaceX (@SpaceX) March 3, 2025
The Jan. 16 launch saw a successful catch of the Super Heavy booster back at the Texas launch site, but the Starship spacecraft blew up after passing over the Gulf of Mexico with scenes of the streaking debris posted to social media from places like the Turks & Caicos.
NEW: INCREDIBLE views of Starship 7 breaking up over Turks and Caicos tonight
Imagine seeing this over your house
pic.twitter.com/ndyDETK4wC
— Nick Sortor (@nicksortor) January 16, 2025
The event grounded the in-development rocket, but the Federal Aviation Administration cleared it to launch again as of Feb. 26.
By STAN CHOE, AP Business Writer
NEW YORK (AP) — U.S. stocks tumbled Monday and wiped out even more of their gains since President Donald Trump ’s election in November, after he said that tariffs announced earlier on Canada and Mexico would take effect within hours.
By ZEKE MILLER, JOSH BOAK and ROB GILLIES, Associated Press
WASHINGTON (AP) — President Donald Trump said Monday that 25% taxes on imports from Mexico and Canada would start Tuesday, sparking renewed fears of a North American trade war that already showed signs of pushing up inflation and hindering growth.