Donald Trump delays 25% tariffs on Mexican goods for another month

After speaking with President Claudia Sheinbaum of Mexico, I have agreed that Mexico will not be required to pay Tariffs on anything that falls under the USMCA Agreement. This Agreement is until April 2nd,

Trump said in a post on "Truth Social."

Paul Ray Smithdirector of public data

That’s a big gap in a week - it’s beyond the margin of error,

YouGov’s director of public data Paul Smith said

I did this as an accommodation, and out of respect for, President Sheinbaum,

Trump said, noting

That includes autos, and the autos were the lead in getting this deal done, but also Canada and Mexico have done a good job offering us ever more work to prove to us that they are going to cut fentanyl deaths,

he added

Justin Trudeaucanada, Prime Minister

Our goal remains to get these tariffs, all tariffs removed,

Trudeau added

It's a recognition of economic reality" that Trump walked back the 25 per cent tariff on Mexico after implementation

said Scott Lincicome, vice president of general economics at the Cato Institute

Claudia Sheinbaummexican President

We agreed that our work and collaboration have yielded unprecedented results, within the framework of respect for our sovereignties."

In a statement on Thursday, Sheinbaum said

Tariffs are about making America rich again and making America great again. There will be a little disturbance, but we're OK with that. It won't be much."

In a speech Tuesday night to the U.S. Congress, Trump acknowledged the tariff turmoil, saying

Thank you to President Sheinbaum for your hard work and cooperation!"

He ended the post by saying

Mexico was treated with a lot of respect, and we reached this deal that benefits both nations,

she said,

Claudia Sheinbaummexican President

We had an excellent and respectful call," that respected the "sovereignties" of both countries

In a post on X, Sheinbaum said

The problem we've had is it's not clear what the American president wants,

she added

Mélanie Jolyforeign Minister

We won't get through this, another psychodrama every 30 days,

Foreign Minister Melanie Joly told business leaders in Toronto earlier this week

Justin Trudeaucanada, Prime Minister

I can confirm that we will continue to be in a trade war that was launched by the United States for the foreseeable future,

Trudeau told reporters in Ottawa

We will not be backing down from our response tariffs until such a time as the unjustified American tariffs [on] Canadian goods are lifted,

he said

My expectation is the president will come to the agreement today, and hopefully we will announce this today, that U.S.M.C.A.-compliant goods will not have a tariff for the next month, until April 2,

Mr. Lutnick said

I did this as an accommodation, and out of respect for, President Sheinbaum. Our relationship has been a very good one, and we are working hard, together, on the Border, both in terms of stopping Illegal Aliens from entering the United States and, likewise, stopping Fentanyl. Thank you to President Sheinbaum for your hard work and cooperation!"

Trump said in a post on the social media website Truth Social

Canada has done an enormous amount, they’ve offered us an enormous amount of work on fentanyl and so is Mexico,

he said

Justin Trudeaucanada, Prime Minister

That aligns with some of the conversations that we have been having with administration officials, but I'm going to wait for an official agreement to talk about Canadian response and look at the details of it,

Trudeau said

So if you think about it this way, if you lived under Donald Trump's US-Mexico-Canada agreement, you will get a reprieve from these tariffs now. If you chose to go outside of that, you did so at your own risk, and today is when that reckoning comes,

he said