Select your language

U.S. temporarily suspends tariffs on Mexico and Canada after negotiations

United States. President Donald Trump announced Thursday the temporary suspension of most tariffs imposed on Mexico and Canada just two days earlier.

The decision came after a conversation with Mexican President Claudia Sheinbaum. Hours later, the White House confirmed that the measure would apply under the same terms for Canada.

The suspension will be in effect until April 2, when the U.S. will announce new reciprocal tariffs for all countries.

Trump justified the decision by pointing to Mexico's cooperation in controlling irregular migration and in efforts to combat the fentanyl crisis. "Our relationship has been very good and we are working hard, together, at the border, both to prevent irregular immigrants from entering the U.S. and to stop fentanyl. Thank you to President Sheinbaum for her hard work and cooperation!" he said in his publication.

- Advertising -

For her part, Sheinbaum responded on the social network X, highlighting bilateral collaboration and respect for national sovereignties. "Thank you very much to President Donald Trump. We had an excellent and respectful call in which we agreed that our work and collaboration have yielded unprecedented results, within the framework of respect for our sovereignties. We will continue to work together, particularly on migration and security issues, which include reducing the illegal crossing of fentanyl into the United States, as well as weapons into Mexico," said the president.

The suspension of tariffs means that, until the established date, Mexico and Canada will not face new taxes on products included in the United States-Mexico-Canada Agreement (USMCA). White House officials reported that the decision was made in part due to commitments by automakers to move their supply chains back to the U.S., as well as joint efforts with Mexico and Canada to reduce fentanyl deaths.

However, tariffs on aluminum and steel imports scheduled for next week remain in place, suggesting that Trump's trade policy could still generate tensions with his North American partners in the short term.


No comments

• If you're already registered, please log in first. Your email will not be published.

Leave your comment

In reply to Some User
Argentina deepens its trade deficit with Brazil in February, boosted by the automotive sector

Argentina deepens its trade deficit with Brazil in February, boosted by the automotive sector

Argentina. The South American country recorded a deficit of 384 million dollars in its trade with Brazil, marked by a sharp increase in imports from the automotive sector.

New OE Replacement Suspension Parts Now Available for Audi and Mercedes Models

New OE Replacement Suspension Parts Now Available for Audi and Mercedes Models

United States. Arnott, a company specializing in OE replacement suspension systems, announced the expansion of its product line with new solutions for Audi and Mercedes-Benz vehicles.

Mexico boosts the auto parts industry in North America

Mexico boosts the auto parts industry in North America

Mexico. The Mexican market consolidated its leadership in the auto parts industry in North America with a growth of 1.20% in 2024, reaching a production of 121,693 million dollars, according to data...

The market for advanced driver assistance systems will reach 655 million units by 2030

The market for advanced driver assistance systems will reach 655 million units by 2030

United States. The ADAS market will reach 655 million units by 2030, with a compound annual growth rate (CAGR) of 11.9%, according to a report by MarketsandMarkets.

Women's Leadership Forum Boosts Women's Leadership in the Automotive Industry

Women's Leadership Forum Boosts Women's Leadership in the Automotive Industry

United States. The Women's Leadership Forum, organized by the SEMA Businesswomen's Network (SBN), seeks to provide tools to women in the automotive industry.

U.S. temporarily suspends tariffs on Mexico and Canada after negotiations

U.S. temporarily suspends tariffs on Mexico and Canada after negotiations

United States. President Donald Trump announced Thursday the temporary suspension of most tariffs imposed on Mexico and Canada just two days earlier.

Mexican auto industry warns of economic impact of U.S. tariffs

Mexican auto industry warns of economic impact of U.S. tariffs

Mexico. The Mexican automotive industry expressed its concern about the entry into force of the 25% tariffs imposed by the United States on products from Mexico and Canada, under the International...

SEMA Calls for Congressional Action to Stop Electric Vehicle Mandates

SEMA Calls for Congressional Action to Stop Electric Vehicle Mandates

United States. The Specialty Equipment Market Association (SEMA) has urged members of the auto industry to sign a letter addressed to the U.S. Congress with the aim of curbing mandates on electric...

Tenneco receives strategic investment to boost its growth

Tenneco receives strategic investment to boost its growth

United States. Tenneco, a global supplier of auto parts, announced a strategic investment by the Apollo Fund X in its Clean Air and Powertrain divisions.

Pirelli expands its environmental commitment in Guanajuato with an investment of 200 thousand dollars

Pirelli expands its environmental commitment in Guanajuato with an investment of 200 thousand dollars

Mexico. Pirelli of Mexico extended its agreement for the protection of the Cuenca de la Esperanza Natural Protected Area (NPA) in Guanajuato.

Suscribase Gratis
Remember Me
SUBSCRIBE TO OUR ENGLISH NEWSLETTER
SITE SPONSORS










LATEST NEWSLETTER
Monthly Newsletter