President Donald Trump announced he will delay tariffs on Mexico for four weeks:
After speaking with President Claudia Sheinbaum of Mexico, I have agreed that Mexico will not be required to pay Tariffs on anything that falls under the USMCA Agreement. This Agreement is until April 2nd. I did this as an accommodation, and out of respect for, President Sheinbaum. Our relationship has been a very good one, and we are working hard, together, on the Border, both in terms of stopping Illegal Aliens from entering the United States and, likewise, stopping Fentanyl. Thank you to President Sheinbaum for your hard work and cooperation!
The USMCA covers all agricultural products, textiles and apparel goods, and automotive goods.
Trump said he would impose a 25% reciprocal tariff on April 2.
On Wednesday, Trump granted a one month tariff exemption on autos from Canada and Mexico.
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