Mexican President Claudia Sheinbaum said Monday that she had secured a new extension of “a few weeks” on the imposition of 30% tariffs proposed by her U.S. counterpart, Donald Trump, which would take effect on November 1. Sheinbaum did not specify whether the 25% tariffs on all medium and heavy trucks imported into the United States from other countries would remain in place.
At her morning press conference, Sheinbaum revealed that the agreement was the result of a call she had with the White House resident last Saturday.
“It was a very brief conversation because he was traveling, and we only spoke primarily about trade issues and agreed to continue working in that area. We’re going to give it a few more weeks to close the already well-advanced issue of the 54 non-tariff barriers that are pending,” he said.
Sheinbaum noted that in said communication, both leaders agreed to continue negotiations on tariff and trade issues, emphasizing that there will be no special tariff on November 1st . “We’re going to give it a few more weeks to close the issue,” she explained.
“I was interested in not getting to November without communicating and agreeing to keep the teams working. There’s no situation right now where a special tariff will be imposed on November 1st,” Sheinbaum stated, though she didn’t provide details on how long the new extension will last.
The new pause is a relief for the Mexican transportation and logistics sector, since if it had gone into effect, there would likely be a realignment of supply chains , with exports declining as a result of the imposition of the 30 percent tax.
As Carlos Martner, coordinator of Integrated Transportation and Logistics at the Mexican Institute of Transportation (IMT) , had already pointed out to T21 , cross-border land transportation would have been the segment most affected by the 30% tariffs, “and perhaps, in part, the railroad.”
“The trucking sector would be affected because there would be fewer exports, fewer export movements, and, to some extent, probably the railroad sector,” he explained.
It’s worth remembering that Donald Trump is seeking to impose a 25% tariff on all medium and heavy trucks imported by the United States from other countries . This tariff is planned to take effect on November 1, 2025. This has rekindled concerns in Mexico, where most of the production and export of heavy vehicles to the North American market is concentrated.
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