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,

Trump said on Truth Social

Paul Smith (footballer, born 1979)director 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

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

she added

Claudia Sheinbaummexican President

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

In a post on X, Sheinbaum said

Mélanie Jolyforeign Affairs Minister

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

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

I did this as an accommodation, and out of respect for, President Sheinbaum. Our relationship has been a very good one,

Trump said on his Truth Social platform

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

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

I told him we’re getting results,

Sheinbaum said

Most of the tariffs go on April the second,

Trump said before signing the orders

It's possible many shippers will be cautious about new orders the first few days after tariffs are implemented to gauge if the tariffs are temporary,

said C.H. Robinson's Global Forwarding president, Mike Short

There's clear evidence shippers north of the border were desperate to get loads into the U.S. before midnight on Monday this week,

said Dean Croke, principal analyst at DAT

Dry freight Mexican shippers did not appear to react the same way except for produce shippers,

Croke said

As soon as that Lutnick quote came out we dropped almost a penny,

said Michael Goshko, senior market analyst at Convera Canada ULC

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 are working hard, together, on the Border, both in terms of stopping Illegal Aliens from entering the United States and, likewise, stopping Fentanyl,

Trump said on Truth Social

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

Justin Trudeaucanada Prime Minister

Any carve outs that support any workers in Canada, even if it's just one industry or another, are going to be a good thing,

said Trudeau