Pres. Trump agrees to increase the identical deal for 90 days for Mexico
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President Trump introduced a productive cellphone name with Mexican President Claudia Sheinbaum, emphasizing improved mutual understanding.
- The U.S. and Mexico have agreed to increase the present commerce phrases for 90 days, together with a 25% tariff on fentanyl, 25% on vehicles, and 50% on metal, aluminum, and copper.
- Mexico additionally agreed to right away remove its non-tariff commerce boundaries.
- The 2 nations will work towards finalizing a broader commerce deal inside or past the 90-day window.
The decision included high U.S. officers corresponding to VP JD Vance, Treasury Secretary Scott Bessent, Secretary of State Marco Rubio, and others. Each side additionally reaffirmed border cooperation on safety, drug trafficking, and unlawful immigration
This text was written by Emma Wang at investinglive.com.
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