President Biden on Thursday said he hoped Trump would rethink his plan to impose tariffs, saying it could "screw up" relationships with close allies.

Mexico's President Claudia Sheinbaum said she and U.S. President-elect Donald Trump had agreed to maintain a good relationship in a friendly phone call that appeared to ease tensions between the top trading partners amid tariff threats.

President Claudia Sheinbaum said Thursday that she and President-elect Donald Trump agreed in a phone call that their countries would have a “good relationship,” and she dismissed his threat to impose a 25 percent tariff on Mexico’s exports if it didn’t stop the flow of migrants and fentanyl to the United States.