The Trump administration has postponed tariffs on imports from Mexico and Canada that comply with the United States-Mexico-Canada Agreement (USMCA), extending the pause until April 2.
The White House confirmed the decision on Thursday, expanding a temporary exemption granted earlier in the week to cover USMCA-compliant goods from both countries.
This follows a previous waiver for auto imports under the trade deal’s terms.
“Today, President Donald J. Trump announced adjustments to tariffs imposed on imports from Canada and Mexico in recognition of the structure of the automotive supply chain that strives to bring production into America,” the White House said in a statement.
According to a White House official, approximately half of Mexico’s exports to the US meet USMCA standards, while the figure for Canada is closer to 40%, per a CNBC report.
The tariff suspension comes ahead of a planned shift to a universal reciprocal tariff policy, set to take effect on April 2.
Trump reached an agreement on the pause with Mexican President Claudia Sheinbaum on Thursday morning, citing “respect for” Sheinbaum and her efforts in tackling fentanyl trafficking.
“We’ll continue to work together, particularly on the topics of migration and safety that include reducing illegal crossing of fentanyl to the United States as well as weapons to Mexico,” Sheinbaum posted in Spanish on X.
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