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BumRushDaShow

(158,581 posts)
Thu Jul 31, 2025, 11:38 AM Jul 31

Trump announces 90-day extension for Mexico tariff talks [View all]

Source: The Hill

07/31/25 11:20 AM ET


President Trump said Thursday he would allow another 90 days for trade talks with Mexico, punting a 30 percent tariff that was set to go into effect on Friday. Trump spoke Thursday morning with Mexican President Claudia Sheinbaum ahead of the announcement. The president said Mexico would continue to pay existing tariffs, which includes a 25 percent duty on many goods not covered under a 2020 trade agreement.

“The complexities of a Deal with Mexico are somewhat different than other Nations because of both the problems, and assets, of the Border,” he posted Thursday on Truth Social. “We have agreed to extend, for a 90 Day period, the exact same Deal as we had for the last short period of time.”

Trump said as part of ongoing talks, Mexico had agreed to eliminate its non-tariff barriers, though he did not offer specifics. The two sides will continue negotiations over the next 90 days, the president noted, with the hopes of reaching a wider trade deal.

“There will be continued cooperation on the Border as it relates to all aspects of Security, including Drugs, Drug Distribution, and Illegal Immigration into the United States,” he wrote.

Read more: https://thehill.com/homenews/administration/5429778-donald-trump-mexico-tariff-pause-extension/



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