Inside Trade

March 28, 2025

Trump announces pause on Mexican tariffs for goods entering under USMCA 

By Hannah Monicken  / March 6, 2025 at 12:38 PM
President Trump on Thursday announced a one-month pause for the 25 percent tariffs on Mexican goods for products that enter the U.S. under the U.S.-Mexico-Canada Agreement – “out of respect” for Mexican President Claudia Sheinbaum’s cooperation on addressing migration and fentanyl at the border, he said. A 25 percent tariff rate on all Mexican goods – along with 25 percent tariffs on Canadian goods, except for 10 percent on Canadian energy – went into effect earlier this week ; the...

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