A 30% tariff on Mexican imports that was set to go into effect Friday will be delayed for 90 days.
After a 40-minute phone call between President Donald Trump and Mexican President Claudia Sheinbaum and their teams, both presidents announced a three-month pause on the tariff increase on Mexican goods imported into the United States.
Sheinbaum told reporters after the call Thursday that Mexico made the “best agreement possible.”
“We have a very good situation facing this new international order,” Sheinbaum said.
A 25% tariff on Mexican goods that don’t fall under the trade agreement between Canada, the United States and Mexico remains, as do separate tariffs on autos, steel and aluminum.
On social media, Trump wrote that Mexico would quote “immediately terminate its Non Tariff Trade Barriers,” but didn’t provide specifics.
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Mexico’s president says her administration wasn’t aware that CIA agents were working in the field with Chihuahua state authorities. -
The department did not release a list of names of the people it says are family, business or personal acquaintances of people associated with the drug cartel. -
Two U.S. and two local Mexican officials died in the northern Mexican state. The state attorney general says they were on the way back from destroying alleged drug labs. -
The visit comes ahead of a mandated six-year review of the trade pact between the United States, Mexico and Canada this summer. -
Mexico’s economy minister said representatives from the firm Foxconn will visit Hermosillo this month.
