‘Finally, we got a good deal’: Sheinbaum celebrates 90-day pause on Trump’s new Mexico tariffs

Mexican President Claudia Sheinbaum announced a major breakthrough after a phone call with US President Donald Trump. The two leaders agreed on a 90-day pause on new tariffs that were set to take effect, avoiding a 30% hike scheduled for August 1. Speaking at a press conference, Sheinbaum confirmed that the pause helps protect the US-Mexico-Canada Agreement (USMCA), ensuring that goods compliant with the trade pact remain exempt from Trump’s earlier 25% tariffs imposed due to the fentanyl crisis.