Trump Delays Mexico Tariffs for a Second Month

The U.S. president announced a one-month reprieve for goods compliant with the USMCA, following discussions with Mexico's president.

President Trump has postponed 25% tariffs on most Mexican imports until April 2, marking the second delay since the tariffs were first announced in February.
The reprieve applies to goods compliant with the United States-Mexico-Canada Agreement (USMCA), which facilitates free trade among the three nations.
Trump cited a conversation with Mexican President Claudia Sheinbaum as the basis for the decision, describing it as a gesture of respect and accommodation.
The initial implementation of the tariffs earlier this week caused financial market declines and prompted retaliatory tariff plans from both Mexico and Canada.
Canadian Prime Minister Justin Trudeau expressed skepticism about broader relief, stating that Canada anticipates a prolonged trade conflict with the U.S.