Overview

• Both governments formalized a 90-day delay of planned 30% levies set to begin August 1, 2025, averting immediate tariff hikes.
• Existing 25% duties on vehicles and fentanyl plus 50% tariffs on steel, aluminum and copper will remain in effect during the pause.
• Mexico committed to eliminate regulatory and procedural non-tariff barriers that U.S. officials flagged as obstructing trade.
• The extension follows the ninth high-level call between Presidents Trump and Sheinbaum since November 2024 to manage bilateral trade tensions.
• Over the next three months both sides will negotiate toward a definitive commercial accord under the USMCA framework.