President Donald Trump announced Thursday that he is delaying implementation of tariffs targeting certain Mexican imports.
Trump said that he will push back the 25% tariffs on Mexican imports covered by the existing U.S.-Mexico-Canada Agreement (USMCA), a trade deal between the North American states, for approximately one month in a Thursday post to Truth Social.
“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,” Trump wrote in his post. “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!”
This is a developing story that will be updated with additional information.
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