US EditionTrump says Mexico trade deal extended for 90 days
UNITED STATES, AUG 1 – President Trump extended a 90-day pause on tariffs targeting Mexico to continue trade negotiations focused on border security and fentanyl trafficking, with tariffs remaining on key sectors.
- President Donald Trump has delayed expanded tariffs on Mexico for 90 days after an agreement with Mexican President Claudia Sheinbaum, as both nations negotiate a larger deal.
- A 25-percent tariff remains on Mexican goods not covered by the United States-Mexico-Canada trade agreement for now.
- Trump stated that the phone call with Sheinbaum was 'very successful' and emphasized understanding between them.
- Gabriela Siller noted that while the delay is 'positive,' sectors facing import taxes will continue to struggle.
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Mexico tariffs paused for 90 days in order to strike trade deal
Mexican President Claudia Sheinbaum said on Thursday that she secured a pause on new tariffs coming into effect and a 90-day period to work on a trade deal during a call with U.S. President Donald Trump. The agreement avoids the 30% tariffs that had been set to come into force on Friday. Speaking in a regular press conference after the announcement, Sheinbaum said the pause safeguards the U.S.-Mexico-Canada Agreement (USMCA) and means goods comp…
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Total News Sources143
Leaning Left31Leaning Right11Center29Last UpdatedBias Distribution44% Left
Bias Distribution
- 44% of the sources lean Left
44% Left
L 44%
C 41%
15%
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