AP NEWS

Trump changes course, delays tariffs on most imports from Mexico until April

Mar 6, 2025, 8:13 AM | Updated: 10:24 am

WASHINGTON (AP) — President Donald Trump said Thursday that he has postponed 25% tariffs on most goods from Mexico for a month amid widespread fears of the impact of a broader trade war.

Trump’s announcement comes after his Commerce Secretary, Howard Lutnick, said earlier Thursday that tariffs on both Canada and Mexico would “likely” be delayed. No change was announced regarding the new tariffs imposed on Canada.

This is the second time Trump has postponed tariffs for a month since he first unveiled the import taxes in early February. The reprieve would apply to goods from Mexico that are compliant with the trade agreement Trump negotiated with Canada and Mexico in his first term.

“After speaking with President Claudia Sheinbaum of Mexico, I have agreed that Mexico will not be required to pay Tariffs on anything that falls under the USMCA Agreement,” Trump said on Truth Social. “I did this as an accommodation, and out of respect for, President Sheinbaum. Our relationship has been a very good one, and we are working hard, together, on the Border.”

No details were released Thursday about what led to the temporary lifting of tariffs on Mexico.

Major U.S. stock markets bounced off lows after Lutnick spoke, but only briefly. Significant declines already seen this week resumed within an hour. The stock market has fallen steadily this week in response to Trump’s tariff policies and the S&P 500 stock index is now below where it was before Trump was elected.

Sheinbaum said she and Trump “had an excellent and respectful call in which we agreed that our work and collaboration have yielded unprecedented results,” on a post on the social media platform X, formerly Twitter.

Canadian Prime Minister Justin Trudeau on Thursday indicated that he expects his country will be in a trade war with the United States for the foreseeable future.

Trudeau said the broader month-long pause “aligns with some of the conversations that we have been having with administration officials.”

The Canadian leader said the move by the Trump administration was a “promising sign,” but it also “means that the tariffs remain in place and therefore our response will remain in place.”

Lutnick said both Canada and Mexico “have done a good job offering us ever more work” on stopping fentanyl at the border, a key demand that Trump has made in return for permanently lifting the tariffs. Trump has also offered many other reasons for his tariffs, including raising revenue for the federal government, returning manufacturing to the United States, and reducing the trade surpluses both countries have with the U.S.

Related from MyNorthwest: Rep. Newhouse pushes to censure Democrat for disrupting Trump’s speech

AP News

prosecutor in Washington...

Associated Press

Faced with influx, prosecutor in Washington says he lacks resources to defend immigration cases

The U.S. Attorney's Office for the Western District of Washington said it no longer has the staffing to defend every immigration case.

1 day ago

Mississippi...

BILL BARROW and SOPHIE BATES, The Associated Press

Mississippi elects Democrat Scott Colom as state’s first Black US senator since Reconstruction

Democratic nominee Scott Colom has defeated Republican Sen. Cindy Hyde-Smith in Mississippi's closely contested U.S. Senate race.

1 day ago

building collapse...

Associated Press

Firefighters dig through rubble after NYC building collapse kills 1 and traps people in wreckage

Firefighters dug through the rubble of a three-story building in Brooklyn after it collapsed at the edge of a construction site, killing at least one person.

1 day ago

California...

Associated Press

California voters reject measure to tax the wealth of billionaires

California voters have rejected a first-in-the-nation tax on the net worth of billionaires following a contentious ballot fight.

3 days ago

Ohio...

JULIE CARR SMYTH, The Associated Press

Democrat Amy Acton defeats Vivek Ramaswamy in Ohio governor’s race

Dr. Amy Acton delivered an upset victory in the race for Ohio governor, overcoming more than $100 million spent against her.

8 days ago

Florida...

STEVEN SLOAN, The Associated Press

Republican Byron Donalds is elected Florida’s first Black governor

Republican Rep. Byron Donalds was elected Florida’s first Black governor on Tuesday.

9 days ago

Trump changes course, delays tariffs on most imports from Mexico until April