The U.S. will extend its pause on country-specific tariffs for certain imports from Mexico following a Thursday call between U.S. President Donald Trump and Mexico’s president, Claudia Sheinbaum.
Imports from Mexico were slated to incur a 30% tariff, starting Friday, when the Trump administration plans to resume country-specific duties following a monthslong pause.
Instead, Trump said the U.S. would extend by 90 days a moratorium on tariffs for goods imported from Mexico that adhere to the U.S.-Mexico-Canada Agreement. Non-USMCA-compliant goods have been subject to a 25% tariff during the pause.
In addition, imports of cars, steel, aluminum and copper from Mexico will still face U.S. sectoral duties, per Trump.
"We had a very good call with the president of the United States, Donald Trump," Sheinbaum said in Spanish in a Thursday post on X. "We avoided the increase in tariffs announced for tomorrow and attained 90 days to build a long-term agreement through dialogue."
Trump confirmed that the two countries will continue to negotiate over the next three months, with the goal of signing a trade deal in that time.
The Trump administration has reached a slew of agreements and framework deals with other trading partners — including the European Union, Japan and South Korea — ahead of the return of country-specific tariffs on Friday.
Meanwhile, Trump said Thursday he would impose 25% tariffs on imports from India, starting Friday. The president also plans to charge a 40% tariff on imports from Brazil, effective Aug. 6.
