Trump, Sheinbaum Extend Mexico Trade Talks | JQJO

Following a phone call between US President Donald Trump and Mexican President Claudia Sheinbaum, Trump announced a 90-day extension of trade talks with Mexico, delaying the implementation of threatened tariffs. While Sheinbaum hailed the agreement as positive, some Mexican economists expressed concern that the delay only prolongs uncertainty for affected sectors. The 25% tariff on autos will remain, but copper, aluminum, and steel tariffs stay at 50%. USMCA-covered goods remain tariff-free.