WASHINGTON — The United States will enter a 90-day negotiating period with Mexico over trade as 25% tariff rates stay in place, part of the rush of trade activity Thursday before President Donald Trump plans to impose a broad set of global import taxes.
Trump posted on his Truth Social platform that his phone conversation with Mexican leader Claudia Sheinbaum was “very successful in that, more and more, we are getting to know and understand each other.”
The Republican president threatened tariffs of 30% on goods from Mexico in a July letter, something that Sheinbaum said Mexico gets to stave off for the next three months.
“We avoided the tariff increase announced for tomorrow and we got 90 days to build a long-term agreement through dialogue,” Sheinbaum wrote on X.
The leaders' morning