Trump Delays Mexico Tariff Hike for 90 Days to Negotiate Trade Deal
President Donald Trump announced Thursday he will hold off on raising tariffs on Mexican goods for 90 days, giving both countries time to work out a trade agreement.
What’s Happening?
- Trump had threatened to increase tariffs to 30% on all Mexican imports (up from 25%).
- Mexico already faces:
- 25% tariffs on cars
- 50% tariffs on steel, aluminum, and copper
- These higher rates were set to start Friday, but Trump paused them after a “very successful” call with Mexican President Claudia Sheinbaum.
What’s the Deal?
For now:
✔ Mexico keeps paying:
- 25% tariff on fentanyl-related goods
- 25% on cars
- 50% on metals
✔ Mexico agreed to remove some trade barriers (though Trump didn’t specify which ones).
✔ Both sides will negotiate a new trade deal within 90 days (or longer if needed).
Why the Delay?
- Trump said talks with Mexico are more complicated due to border security issues.
- The U.S. and Mexico are major trade partners, so sudden tariff hikes could hurt both economies.
- Sheinbaum has a good working relationship with Trump, making negotiations smoother.
Who Was on the Call?
Trump was joined by top officials, including:
- VP JD Vance
- Treasury Secretary Scott Bessent
- Commerce Secretary Howard Lutnick
- Secretary of State Marco Rubio
What’s Next?
The two nations will keep talking—but if no deal is reached in 90 days, tariffs could go up.
Stay tuned for updates as negotiations continue.
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