Brief by Shorts91 Newsdesk / 05:23pm on 06 Mar 2025,Thursday Business
U.S. President Donald Trump announced that Mexico will not be required to pay tariffs on goods covered under the United States-Mexico-Canada Agreement (USMCA) until April 2. The decision follows discussions with Mexican President Claudia Sheinbaum. "After speaking with President Sheinbaum, I have agreed that Mexico will not be required to pay tariffs on anything under the USMCA," Trump posted on Truth Social. The announcement comes after his administration imposed sweeping tariffs on Mexican and Canadian imports, sparking market volatility. The temporary exemption aims to ease trade tensions while negotiations continue.
