U.S. President Donald Trump announced Thursday he will temporarily suspend steep tariffs on Mexican imports, citing progress in talks with Mexico's leader Claudia Sheinbaum. The move delays tariffs of up to 30-40% on key goods like automobiles and agricultural products, initially set to take effect this week, until April 2.
🤝 The decision follows what Trump called a "very good conversation" with Sheinbaum, though details of their agreement remain under wraps. Business groups on both sides of the border welcomed the delay, calling it a relief for supply chains and consumers.
🌽💼 Analysts say the tariff pause could ease tensions as negotiators work to align trade policies with the U.S.-Mexico-Canada Agreement (USMCA). Still, uncertainty lingers: Trump warned tariffs could return if cooperation falters. "We’ll see what happens," he said—a phrase that’s become all too familiar in global trade circles.
