President-elect Donald Trump said Tuesday he plans to order “very serious tariffs” against Canada and Mexico — and that he will rechristen the Gulf of Mexico as the Gulf of America. Canada is subsidized to the tune of about $200 billion a year,

During a press conference on Tuesday, Jan. 7, the 78-year-old president-elect shared his plan for renaming the Gulf of Mexico. “We’re going to be changing the name of the Gulf of Mexico to the Gulf of America,

Business leaders in Mexico say the incoming U.S. administration will enhance the appeal of their factories as an alternative to plants in China.