Overview

• President Donald Trump announced a one-month delay on 25% tariffs for most Mexican imports under the USMCA trade agreement.
• The temporary reprieve follows a conversation with Mexican President Claudia Sheinbaum, emphasizing cooperation on border security and fentanyl prevention.
• This marks the second time Trump has postponed these tariffs since their initial announcement in February 2025.
• Commerce Secretary Howard Lutnick previously indicated that tariffs on Mexico and Canada were likely to be delayed.
• The decision introduces further uncertainty for businesses and consumers, as markets react to the ongoing tariff fluctuations.