It was supposed to be a victory party. Carmakers from across the globe had planned to celebrate their head-spinning boom in Mexico at the Automotive Logistics conference held in Mexico City last week. Then Donald Trump won the U.S. presidential election.

The U.S. trade deficit widened last year to the biggest since 2012 as exports fell more than imports, though a narrowing gap in December suggests demand is stabilizing overseas for American goods.

Ordering a bottle of Corona beer at a bar in the United States is a simple proposition. But getting it there from its brewery in Mexico involves a complex, cross-border supply network that will likely get more complicated if U.S. president Donald Trump follows through on vows to renegotiate the North American Free Trade Agreement (NAFTA) or tax imports.

What to say? As corporate chieftains prepare for a round of no doubt excruciatingly painful fourth-quarter conference calls with Wall Street, they find themselves on unusually uncertain ground.

Automakers and parts manufacturers on both sides of the Canada-U.S. border are meeting state and provincial governments to co-ordinate a response to President Donald Trump as he pushes far-reaching changes to a trade deal that's crucial to the industry, the head of Canada's biggest autoparts maker said.

Sneaker producers, automakers and retail giants are facing tumult in their international operations as President Donald Trump pushes ahead with a dramatic overhaul of U.S. trade policy.

President Trump met with business leaders last week to present a plan for keeping jobs in the United States. He offered a carrot - a dramatic cut in taxes and regulations - as well as a stick - a substantial tax on companies that decide to send their factories offshore.

SAP SE raised its targets for 2020 as customers bought its latest suite of applications at a faster pace, and Chief Executive Officer Bill McDermott - a fan of Donald Trump's "The Art of the Deal," - said he wouldn't "lay off the accelerator" on acquisitions, engineering investment or a potential share buyback.

Donald Trump the candidate denounced China's trade policies. But one of his first acts as president handed the country its best chance yet to rival the U.S. as global economic leader.