U.S. President Donald Trump has announced a 90-day extension to trade negotiations with Mexico while keeping the 25% tariff rates on Mexican imports firmly in place.
The decision reflects ongoing tensions and unresolved issues regarding border security and trade terms. Trump emphasized that tariffs will remain unless significant progress is made during the extended negotiation period.
“This extension is a window for Mexico to step up,” Trump stated, underscoring that tariffs serve as leverage to achieve favorable agreements for the U.S.
The move has sparked mixed reactions among businesses and policymakers, with some warning of continued economic disruption while others see it as a necessary pressure tactic in the broader trade strategy.
The extended talks will be closely watched for any shifts that could ease trade frictions between the two neighboring countries.