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Trump announces 90-day negotiating period with Mexico as 25% tariff rates stay in place

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Trump announces 90-day negotiating period with Mexico as 25% tariff rates stay in place
Trump announces 90-day negotiating period with Mexico as 25% tariff rates stay in place. (AP PHOTO)

WASHINGTON (AP) — President Donald Trump said Thursday that there would be a 90-day negotiating period with Mexico after a call with that country’s leader, Claudia Sheinbaum, as the 25% tariff rates stay in place.

Trump, posting on Truth Social, said his phone conversation with Sheinbaum was “very successful in that, more and more, we are getting to know and understand each other.”

Trump said that goods from Mexico imported into the U.S. would continue to face a 25% tariff that the U.S. president has ostensibly linked to fentanyl trafficking. The Republican said that autos would face a 25% tariffs, while copper, aluminum and steel would be taxed at 50%.

Trump said that Mexico would end its “Non Tariff Trade Barriers,” but he didn’t provide specifics.

Some goods continue to be protected from the tariffs by the 2020 U.S. Mexico Canada Agreement, or USMCA, which Trump negotiated during his first term.

But Trump appeared to have soured on that deal, which is up for renegotiation next year. One of his first significant moves as president was to tariff goods from both Mexico and Canada earlier this year.

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The Associated Press is an independent global news organization dedicated to factual reporting. Founded in 1846, AP today remains the most trusted source of fast, accurate, unbiased news in all formats and the essential provider of the technology and services vital to the news business. The Trucker Media Group is subscriber of The Associated Press has been granted the license to use this content on TheTrucker.com and The Trucker newspaper in accordance with its Content License Agreement with The Associated Press.
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