Mexico is 'really in trouble, a lot of trouble, very dangerous place,' Trump says, vowing to place 'serious' tariffs on Mexico, Canada - Anadolu Ajansı

United States president-elect Donald Trump is doubling down on his plans to impose tariffs on Canada in his first news conference since the certification of his election win.

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

“The Texas economy is deeply connected with Mexico in particular, and also with Canada,” he said. “A lot of the business that Texas does with Canada, of course, comes through the oil side of things, where we import crude oil from Canada and refine it on the Gulf Coast.

"We're going to be changing the name of the Gulf of Mexico to Gulf of America, which has a beautiful ring," he told reporters.

US President-elect Donald Trump set out some of the major policies he wants to implement over the next four years during a press conference held on January 7. While addressing Washington DC's future foreign policy and how he will tackle immigration,