U.S. President Donald Trump announced that he has reached an agreement with his Mexican counterpart, Claudia Sheinbaum , to exempt the 30% tariffs on Mexican products imported into the United States for another 90 days, which would go into effect on August 1.
In a post the White House resident made on his Truth Social account, he detailed a “very fruitful” call with Sheinbaum, in which they agreed to postpone the implementation of new tariffs for 90 days.
“We have agreed to extend, for 90 days, exactly the same agreement we had during the previous short period: Mexico will continue to pay a 25% tariff on fentanyl, a 25% tariff on automobiles, and a 50% tariff on steel, aluminum, and copper,” he explained.
In his message, Trump noted that Mexico had agreed to immediately eliminate its non-tariff trade barriers.
“We will be talking with Mexico over the next 90 days with the goal of signing a trade agreement within that timeframe, or even longer,” he said.
The US president said that cooperation will continue at the border in all aspects of security, “including drug control, drug distribution, and illegal immigration into the United States.”
For her part, on her X account, Sheinbaum indicated that she had “a very good call with the President of the United States, Donald Trump.”
“We avoided the tariff increase announced for tomorrow and gained 90 days to build a long-term agreement through dialogue,” the publication emphasized.
The new pause for Mexico follows warnings from U.S. Commerce Department head Howard Lutnick, who reiterated last weekend that the implementation of tariffs on the U.S.’s trading partners would not be postponed, although he added that the door remained open to reaching agreements.
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