The U.S. ended 2024 with the second-largest trade deficit on record — and China and Mexico were the countries that benefited most from sending goods to America. Canada? Not so much.

Plus: What's the future of foreign aid after President Donald Trump moves to shut down the U.S. Agency for International Development?

U.S. President Donald Trump held off on his tariff threats against Mexico for one month of further negotiations after Mexican President Claudia Sheinbaum agreed to send 10,000 members of her country’s national guard to the border to address drug trafficking.