The United States and Mexico are close to a deal that would get rid of 50% tariffs that U.S. President Donald Trump has imposed on Mexican steel imports up to a certain volume, Bloomberg News reported on Tuesday,

The US and Mexico are closing in on a deal that would remove President Donald Trump’s 50% tariffs on steel imports up to a certain volume, according to people familiar with the matter, a revamp of a similar deal between the trade partners during his first term.

Cleveland-Cliffs (NYSE:CLF) -6.8% and Nucor (NYSE:NUE) -4.1% post-market Tuesday following a Bloomberg report that the U.S. and Mexico are nearing a deal that would remove President Trump's 50% tariffs on steel imports up to a certain volume.

NASCAR driver Denny Hamlin is awaiting the birth of his third child, putting his plans for NASCAR's first Cup race in Mexico in flux.

NASCAR’s first international Cup Series race of the modern era is all about attracting new fans in a new market.

The storms are expected to become weaker in the coming days, but another tropical depression is forecasted to form later in the week.

The U.S. National Hurricane Center says two tropical storms have gathered strength off Mexico’s Pacific coast Monday, with one forecast to become a hurricane later in the day