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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

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Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

3

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
Politics

Canada, Mexico heads of state to meet in September as they both grapple with Trump tariffs, free trade deal terms

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Rob Gillies
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The Associated Press
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By
Rob Gillies
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The Associated Press
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August 18, 2025, 8:27 AM ET
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Canadian Prime Minister Mark Carney greets Mexican President Claudia Sheinbaum before a group photo during the Group of Seven (G7) Summit at the Pomeroy Kananaskis Mountain Lodge in Kananaskis, Alberta, Canada on June 17, 2025. TERESA SUAREZ/POOL/AFP via Getty Images
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Canadian Prime Minister Mark Carney will visit Mexico in September to meet with Mexican President Claudia Sheinbaum, a senior official familiar with the matter said Friday.

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The meeting comes as America’s neighbors deal with U.S. tariffs and prepare for a review of the free trade deal between the three countries next year.

The official confirmed the visit on condition of anonymity as they were not authorized to speak publicly on the matter.

Carney sent his foreign minister as well as his finance minister to meet with Sheinbaum earlier this month in a bid to diversity trade. They also met a large group of Canadian and Mexican business leaders, including key players supporting North America’s integrated economy, trade infrastructure and supply chains.

Sheinbaum visited Canada during the G7 summit in Alberta in June.

Goods that comply with the 2020 United States-Mexico-Canada Agreement that U.S. President Donald Trump negotiated during his first term are excluded from the U.S. tariffs.

But Trump has some sector-specific tariffs, known as 232 tariffs, that are having an impact. There is a 50% tariff on steel and aluminum imports and a 25% tariff on auto imports.

Mexico is Canada’s third largest trading partner after the U.S. and China. Canada was Mexico’s fifth-largest trading partner in 2024.

Subscribe to Fortune Gulf Brief. Every Tuesday, this new newsletter delivers clear-eyed, authoritative intelligence on the deals, decisions, policies, and power shifts shaping one of the world’s most consequential regions, written for the people who need to act on it. Sign up here.
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