March 28, 2025
Trump announces pause on Mexican tariffs for goods entering under USMCA
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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