Donald Trump pauses tariffs on Mexican imports until April 2

Trump said he agreed to the exemption “out of respect” for Mexico President Claudia Sheinbaum.

Soon after, Mexican President thanked Trump for pausing tariffs on most goods from her country.

“We had an excellent and respectful call in which we agreed that our work and collaboration has given unprecedented result,” she said in a post on X in Spanish.

“We will continue to work together, especially around the issues of migration and security, which includes reducing the illegal crossing of fentanyl into the United States, as well as weapons into Mexico,” she added.

This comes after, Trump in his joint address to Congress on Tuesday evening, acknowledged that tariffs would cause disruption but insisted, “There will be a little disturbance, but we’re OK with that.”

Trump had initially vowed to impose tariffs on Canada and Mexico on his first day back in office. However, upon returning, he indicated he was considering implementing them at the start of February. Last month, he granted Canada and Mexico a one-month delay at the last minute.

On Tuesday, he followed through with his plan, imposing 25% duties on all goods from Mexico and most goods from Canada, while Canadian energy products were hit with a 10% tariff. Additionally, he doubled the tariff on Chinese exports from 10% to 20%.