On Thursday, President Trump announced that he had postponed his 25% tariff on Mexico on the majority of goods coming from Mexico.
The move by Trump came after his Commerce Secretary, Howard Lutnick, shared that both tariffs in Mexico and Canada would likely be delayed.
This marks the second time President Trump postponed his tariffs on Mexico.
About ten minutes ago, Trump said that the tariffs on Mexico will not apply to USMCA-compliant goods.
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That means no tariffs on 90-95% of goods from Mexico. pic.twitter.com/YHqkmWPHpm
— Crémieux (@cremieuxrecueil) March 6, 2025
Per The Associated Press:
President Donald Trump said Thursday that he has postponed 25% tariffs on most goods from Mexico for a month amid widespread fears of the impact of a broader trade
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