US Delays Tariff Hike on Mexico Amid Fentanyl Talks
US Delays Tariff Hike on Mexico Amid Fentanyl Talks

US Delays Tariff Hike on Mexico Amid Fentanyl Talks

News summary

President Donald Trump has announced a 90-day delay on increasing tariffs against Mexico, following a call with Mexican President Claudia Sheinbaum. The move postpones a planned tariff hike to 30%, holding current tariffs at 25% for most goods and 50% for copper, steel, and aluminum, as both nations pursue further negotiations. Trump has tied the tariffs to efforts to combat fentanyl trafficking and has criticized Mexico’s management of drug cartels. While some Mexican exports remain protected under the USMCA trade agreement, Trump has voiced dissatisfaction with the deal. Both presidents described their dialogue as constructive and seek a permanent resolution within the 90-day period. Mexico remains the US’s largest trading partner during this ongoing dispute.

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