Shoe Firms Producing in Mexico Get 90 Day Tariff Extension

As the clock ticks down to the 12:01 Aug. 1 deadline, shoe firms that produce in Mexico get a last-minute reprieve — but only for another 90 days.

U.S. President Donald Trump had threatened to blanket all Mexican imports with a 30 percent tariff rate if a deal wasn’t reached by Friday.

Trump has been pushing America’s southern neighbor to address issues over drug trafficking, cross-border crime and illegal immigration. He decided to grant a 90-day pause following what the president described as a “very successful” telephone call with Mexican President Claudia Sheinbaum, per a Truth Social post. The post added that the trade negotiations with Mexico are different than those with other countries because of the complexities connected to the U.S.-Mexico border. It also noted that Mexic