US EditionTrump says Mexico trade deal extended for 90 days
UNITED STATES, AUG 1 – Trump and Sheinbaum agreed to maintain existing tariffs including 25% on autos and 50% on metals while negotiating a long-term trade deal during a 90-day extension period.
- 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.
154 Articles
154 Articles
Trump Drops The Hammer On Canada, Pushes Mexico To Cut A Trade Deal In 90 Days
President Donald Trump signed an executive order late Thursday evening, raising the tariff on Canadian imports to 35% effective at midnight, while granting Mexico another 90 days to negotiate a trade deal with the United States.The actions come as the August 1 deadline arrived for countries with trade deficits with the United States to reach new trade agreements, but Trump said they won’t take effect until August 7 for most nations. In a Truth S…
Trump Drops The Hammer On Canada, Pushes Mexico To Cut A Trade Deal In 90 Days - Real News Now
President Donald Trump signed an executive order late Thursday night slapping a 35% tariff on Canadian imports, citing the country’s failure to crack down on drug trafficking and its recent support for Palestinian statehood. The tariffs take effect at midnight and mark a sharp escalation in Trump’s trade agenda as the August 1 deadline for updated trade agreements passed. Meanwhile, Mexico was granted a 90-day extension to finalize a deal, with …
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