Trump Extends Mexico Tariff Deal for 90 Days After ‘Successful’ Call with President Sheinbaum

by Worthy News Washington D.C. Bureau Staff

(Worthy News) – President Donald Trump announced Thursday that he will delay a planned increase in tariffs on Mexican imports by 90 days following what he called a “very successful” call with Mexican President Claudia Sheinbaum. The move postpones a threatened hike in the blanket tariff rate from 25% to 30%, giving both nations additional time to strike a more permanent trade agreement.

“More and more, we are getting to know and understand each other,” Trump wrote on Truth Social. “The complexities of a deal with Mexico are somewhat different than other nations because of both the problems, and assets, of the border.”

Under the current deal, Mexico will continue to pay a 25% tariff on automobiles and a 50% tariff on steel, aluminum, and copper–though certain exemptions remain under the U.S.-Mexico-Canada Agreement. Mexico also faces a 25% tariff on goods linked to fentanyl trafficking, which the Trump administration has cited as a national security issue.

The White House emphasized that Mexico had agreed to “immediately terminate its Non Tariff Trade Barriers,” though no specific measures were publicly outlined. “We will be talking to Mexico over the next 90 days with the goal of signing a Trade Deal,” Trump said, adding that border cooperation would also intensify, particularly on security, drugs, and illegal immigration.

President Sheinbaum confirmed the agreement in a post on X, formerly Twitter: “We avoided the tariff increase announced for tomorrow and secured 90 days to build a long-term agreement through dialogue.” The call included Vice President JD Vance, Treasury Secretary Scott Bessent, and Secretary of State Marco Rubio, along with members of Sheinbaum’s team.

The reprieve comes amid heightened global trade tensions as several countries face impending tariff increases if new deals are not finalized with the Trump administration. The president has taken an aggressive stance in recent weeks, leveraging tariffs as a negotiating tool with allies and trade partners alike.

Countries that have reached new agreements with the U.S. include South Korea, the U.K., Japan, Vietnam, and the Philippines. In contrast, Canada, Australia, India, and Taiwan remain at risk of elevated duties, with the White House signaling there will be no blanket extensions beyond the Aug. 1 deadline.

Despite criticism that widespread tariffs could harm the economy and fuel inflation, the administration has dismissed those concerns. The International Monetary Fund this week raised its global growth forecast for 2025 to 3%, and the Treasury reports that tariff revenue has surged–totaling nearly $125 billion this year, more than double the amount collected by this point last year.

Trump has maintained that Mexico must do more to halt the flow of fentanyl into the United States. “Mexico still has not stopped the Cartels who are trying to turn all of North America into a Narco-Trafficking Playground,” he warned in a letter earlier this month. Mexican officials, for their part, have argued they are being unfairly targeted.

Elsewhere, the administration is pursuing new trade deals with other key nations. Trump recently announced a sweeping agreement with South Korea that includes a 15% tariff rate in exchange for $350 billion in investments and $100 billion in U.S. energy purchases. Talks with China also continue, with negotiators exploring a possible extension to their own 90-day tariff pause set to expire August 12.

As August approaches, officials are signaling that pressure on America’s trade partners will remain high. “You can continue negotiating,” Treasury Secretary Bessent said in remarks this week. “I would expect that it’s going to be a busy August.”

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