US and Mexico agree to 90-day extension ahead of tariff deadline
US and Mexico agree to 90-day extension ahead of tariff deadline, Trump says
President Trump has extended the deadline for imposing 30% tariffs on Mexican imports by 90 days to allow for further negotiations on a trade deal. The decision comes after a phone conversation with Mexico President Claudia Sheinbaum, which Trump described as successful. The extension will aim to reach a trade agreement within the 90-day period, maintaining tariffs on items like fentanyl, cars, steel, aluminum, and copper. The exact terms of the current deal with Mexico will be extended during this time.
Source: https://www.cbsnews.com/news/trump-tariff-mexico-deadline-extended-90-days-august-1/
