U.S. President Donald Trump said that after speaking with President Claudia Sheinbaum, it was agreed that Mexico will not have to pay tariffs on any goods included in the T-MEC trade agreement until April 2.
U.S. President Donald Trump said that after speaking with President Claudia Sheinbaum, it was agreed that Mexico will not have to pay tariffs on any goods included in the T-MEC trade agreement until April 2.
"After speaking with President Claudia Sheinbaum of Mexico, I have agreed that Mexico will not be required to pay Tariffs on anything that falls under the USMCA (T-MEC) Agreement," Trump wrote on his social network Truth Social.
The Republican said the relationship “has been very good” and thanked Sheinbaum for her “hard work and cooperation.”
"Our relationship has been very good and we are working hard together on the border, both in terms of stopping illegal immigrants from entering the United States and also stopping fentanyl," Trump said.
For her part, the Mexican president described the call as "excellent and respectful," in which she said that it was 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, including reducing the illegal crossing of fentanyl into the United States, as well as weapons into Mexico. As mentioned by President Trump, Mexico will not be required to pay tariffs on all those products within the USMCA. This agreement is until April 2, when the United States will announce reciprocal tariffs for all countries," wrote Sheinbaum Pardo on her social networks.
Earlier, US Commerce Secretary Howard Lutnick said it was "likely" that the tariff exemption announced the day before for cars from Canada and Mexico would apply to "all goods and services covered" by the Free Trade Agreement between the three countries (T-MEC).
The Trump administration announced Wednesday that it will pause a 25% tariff on auto imports from Canada and Mexico for one month.
Trump granted the waiver after speaking on Tuesday with top executives of the Big Three U.S. automakers, General Motors, Ford and Stellantis.
The Republican requested that these imports comply with the rules of origin of the Treaty between Mexico, the United States and Canada (T-MEC).
When the USMCA went into effect in July 2020, automakers had to comply with stricter rules of origin, requiring them to incorporate more inputs and parts into vehicles produced in North America to maintain their tariff exemption.
Starting Tuesday, the United States is imposing a 25% tariff on Canadian and Mexican products, except for hydrocarbons from Canada, to which it applies a 10% tariff.
