Trump extends trade agreement with Mexico for another 90 days
In a significant development, President Trump announced a 90-day delay of tariff increases on Mexico on July 31, 2025, contingent on ongoing trade negotiations. The announcement comes as countries around the world are scrambling to negotiate and understand the new tariff rates.
Mexico agreed to immediately end certain nontariff trade barriers, but no detailed list or explanation was publicly provided by either side. Known types of nontariff barriers include regulatory delays and approvals affecting U.S. exports like medical devices and pharmaceuticals.
The U.S. is currently the largest trading partner of Mexico. The delay in tariffs was agreed upon during a conversation between President Trump and Mexican President Claudia Sheinbaum. Sheinbaum expressed that Mexico's strategy of keeping a cool head, strength, and firmly defending principles has worked.
The tariffs on Mexico, which include a 25% Fentanyl Tariff, 25% Tariff on Cars, and 50% Tariff on Steel, Aluminum, and Copper, will be delayed for a 90-day period. This delay is expected to provide some relief to U.S. businesses, which have been facing uncertainty due to the potential tariff increases.
However, the uncertainty surrounding tariff changes has left many countries in the dark about how or when new rates would go into effect. The Trump administration has continued to shift timelines for various agreements and expectations for what the deals would cover.
Sheinbaum confirmed the extension of the tariff delay in a brief post on X. No scheduled formal meeting with Trump has been announced, but Sheinbaum added that they'll be back in touch closer to the new 90-day deadline.
The news comes one day before a broad deadline Trump created for trade deals worldwide. The new tariff rates are set to go into effect on Friday. The U.S. hopes to sign a deal with Mexico within the 90-day period or longer.
Sources:
- The White House, July 31, 2025
- Office of the U.S. Trade Representative, March 2025
- CNN, July 31, 2025
- Reuters, July 31, 2025
Andrea Salcedo contributed to this story.
The postponement of tariff increases on Mexico, announced by President Trump on July 31, 2025, falls under the category of policy-and-legislation in politics. This decision, which is part of the ongoing trade negotiations between the two countries, could significantly impact general-news, particularly the relevant business sectors. Moreover, the extension of the tariff delay was confirmed by Mexican President Claudia Sheinbaum in a brief post on X, affecting various types of tariffs, including the 25% Fentanyl Tariff, 25% Tariff on Cars, and 50% Tariff on Steel, Aluminum, and Copper.
