Mexico has averted the implementation of a 30% tariff on its exports to the USA that was scheduled to take impact this Friday Aug. 1
President Claudia Sheinbaum and United States President Donald Trump introduced that the proposed obligation wouldn’t take impact on Friday after they spoke by phone on Thursday morning.
“We had an excellent name with the president of the USA, Donald Trump. We averted the tariff enhance introduced for tomorrow and secured 90 days to construct a long-term settlement by means of dialogue,” Sheinbaum wrote on social media.
On his social media website, Fact Social, Trump mentioned that his name with Sheinbaum was “very profitable in that, increasingly, we’re attending to know and perceive one another.”
“The complexities of a Cope with Mexico are considerably totally different than different Nations due to each the issues, and belongings, of the Border. We’ve agreed to increase, for a 90 Day interval, the very same Deal as we had for the final brief time frame, specifically, that Mexico will proceed to pay a 25% Fentanyl Tariff, 25% Tariff on Vehicles, and 50% Tariff on Metal, Aluminum, and Copper,” he wrote.
“Moreover, Mexico has agreed to instantly terminate its Non Tariff Commerce Limitations, of which there have been many. We might be speaking to Mexico over the subsequent 90 Days with the purpose of signing a Commerce Deal someplace throughout the 90 Day time frame, or longer,” Trump mentioned.
Tuvimos una muy buena llamada con el presidente de Estados Unidos, Donald Trump. Evitamos el aumento de aranceles anunciado para mañana y logramos 90 días para construir un acuerdo de largo plazo a partir del diálogo.
Me acompañaron Juan Ramón de la Fuente, secretario de… pic.twitter.com/in3W4eAICN
— Claudia Sheinbaum Pardo (@Claudiashein) July 31, 2025
He additionally mentioned that “there might be continued cooperation on the Border because it pertains to all elements of Safety, together with Medication, Drug Distribution, and Unlawful Immigration into the USA.”
Established order maintained; most commerce with US is tariff-free
The “25% fentanyl tariff” Trump referred to is an obligation on non-USMCA compliant items that took impact in March.
Financial system Minister Marcelo Ebrard mentioned this week that 84% of Mexico’s commerce with its northern neighbor complies with the USMCA and is due to this fact tariff-free.
U.S. content material in autos made in Mexico is exempt from the USA’ 25% auto tariff, decreasing the efficient obligation on Mexican automobiles to fifteen% on common, in keeping with Ebrard.
It was unsure whether or not the 30% obligation proposed by Trump would have utilized to all imports from Mexico, or simply people who don’t adjust to the principles of the USMCA, the three-way free commerce pact that features the USA, Mexico and Canada.
The U.S. president didn’t present any readability on the difficulty in his Fact Social submit on Thursday morning.
Trump knowledgeable Sheinbaum of his plan to impose a 30% tariff on imports from Mexico in a July 11 letter. A standard interpretation of his remarks in that letter was that the proposed obligation would solely apply to non-USMCA compliant merchandise, and would have thus elevated the present price by 5 share factors.
In latest days, Sheinbaum expressed confidence that her authorities would attain an settlement with the Trump administration to stave off the 30% tariff.
Final month, she proposed a “normal” or “world” settlement between Mexico and the USA overlaying commerce, safety and migration.
It seems that such an settlement is more likely to be reached someday within the subsequent 90 days.
‘We achieved a great settlement’
“We achieved a great settlement,” Sheinbaum mentioned firstly of her Thursday morning press convention, held on the later time of 10 a.m. as a result of her name with Trump.
She mentioned that she spoke to her U.S. counterpart for round 40 minutes, and was accompanied by Ebrard, International Affairs Minister Juan Ramón de la Fuente and Deputy International Affairs Minister for North America Roberto Velasco.
Sheinbaum highlighted that the USA present tariffs would stay in place and famous that there’s a interval of 90 days to proceed partaking with the U.S. authorities with a purpose to a set up a “longer-term settlement.”
She mentioned that the deal struck with Trump on Thursday morning is “necessary” as a result of present tariffs received’t rise, at the very least within the brief time period.
Sheinbaum additionally mentioned the deal “protects the USMCA” as nearly all of Mexico’s commerce with the USA will stay tariff-free.
“That is essential,” she mentioned, highlighting that the present 25% tariff — the so-called “fentanyl tariff” — solely applies to merchandise made in Mexico that don’t adjust to the USMCA.
Sheinbaum mentioned that “throughout the new commerce world order” established by Trump’s protectionist agenda, Mexico has “the most effective settlement doable.”
“… Investing in Mexico continues to be the most suitable choice. We’ve an excellent state of affairs within the face of this new worldwide order,” she mentioned.
” …Our technique labored,” Sheinbaum mentioned, referring to her authorities’s commerce negotiation technique, which included a dedication to work to scale back Mexico’s massive commerce surplus with the USA whereas cracking down on the manufacturing of fentanyl in Mexico and ramping up efforts to cease the drug reaching the U.S.
She mentioned that her authorities maintained a “cool head” in these negotiations, which had been led by Ebrard, who has made frequent journeys to Washington since Trump’s second time period as president started on Jan. 20.
Mexico Information Day by day
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