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Trump extends Mexico’s 25% tariffs for 90 days as talks continue
- President Claudia Sheinbaum and U.S. President Donald Trump announced a 90-day extension on trade negotiations to avoid a 30% tariff on Mexico scheduled for Friday.
- This extension resulted from ongoing dialogue and mutual respect that Sheinbaum emphasized was key to negotiating tariff reprieve amid Trump's earlier threats.
- Sheinbaum secured continued tariff rates on fentanyl , cars , and steel, aluminum, and copper without new commitments, while Mexico agreed to terminate non-tariff trade barriers.
- Senior Mexican officials praised Sheinbaum's negotiation skills, with Ebrard calling her handling 'splendid' and De la Fuente lauding her firmness and intelligence in dialogue with Trump.
- The agreement allows Mexico to maintain favorable trade relations with the U.S. amid positive economic trends and positions the country advantageously compared to other nations.
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132 Articles
TRUMP ADMINISTRATION
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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…
Coverage Details
Total News Sources132
Leaning Left31Leaning Right11Center28Last UpdatedBias Distribution44% Left
Bias Distribution
- 44% of the sources lean Left
44% Left
L 44%
C 40%
R 16%
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