This July 31, 2025, President Donald Trump announced a 90-day extension on tariffs applicable to Mexican goods outside the framework of the T-MEC. This decision occurred after a telephone conversation described as “very good” with the President of Mexico, Claudia Sheinbaum.
During this period, the levies already in place will be maintained: 25% tariffs on autos and fentanyl and 50% on steel, aluminum and copper. New rates of 30 % that were scheduled for August 1 will not be applied, provided that a new agreement is not signed before the expiration of the deadline. Trump justified the agreement by noting that the relationship with Mexico presents “different complexities because of the border,” and noted that Mexico committed to eliminating non-tariff trade barriers immediately.
What is maintained and what is postponed
To be maintained: 25% on fentanyl and automobiles; 50% on metals such as steel, aluminum and copper.
Postponed: new additional 30% tariffs on Mexican imports under the T-MEC that were to take effect on August 1.
Border and trade cooperation
As part of the understanding, both nations committed to continue negotiating over the next 90 days with the goal of signing a lasting trade agreement.
They also agreed to maintain close cooperation on border security, drug control and irregular immigration.
Sheinbaum affirmed that this new term provides the necessary space to build a long-term pact based on dialogue.
Economic impact and dialogue
During this period, the existing tariffs will remain in place
QuéOnnda.com
The measure avoids a sharp increase in import and production costs for companies that trade with the US.
In addition, it curbs a possible increase in consumer prices.
In addition, it strengthens Mexico’s reputation as a dialogue partner by avoiding retaliatory tariffs and committing to the adjustment of its non-tariff trade barriers.
For more information, visit QuéOnnda.com.
