By Alex Leary
President Trump said he will pull back some tariffs on Mexico, continuing a streak of moderating his recent trade actions that have disrupted the markets and strained relations with close allies.
"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 wrote Thursday on social media. "This Agreement is until April 2nd. 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 a day earlier said automakers will get a one-month reprieve from tariffs on Mexico and Canada for cars that comply with USMCA.
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March 06, 2025 11:40 ET (16:40 GMT)
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