President Trump delays tariffs on most goods from Mexico for a month

Mexican flag 1280x720.jpg

Market Day Report

President Trump has postponed 25 percent tariffs on most goods from Mexico for a month.

The announcement comes after Howard Lutnick, his Commerce Secretary, said tariffs on both Mexico and Canada would likely be delayed, according to AP News. It also marks the second one-month postponement the President has announced since early February when it unveiled the import taxes.

Lutnik stated that the reciprocal tariffs will still be implemented on April 2nd.

Story via Christopher Rugaber with AP News

Related Stories
Ag Secretary Brooke Rollins hints at new fertilizer plan while trade deals, soybean markets, and farm bill momentum drive ag policy discussion.
U.S. Rep. Greg Landsman and U.S. Senator Elissa Slotkin meet with Ohio farmers to discuss E15 expansion, rising input costs, trade concerns, and the need to move forward on a new farm bill.
South Texas producers remain on alert as screwworm concerns grow; sterile fly efforts underway to prevent spread.
Cotton may gain demand as polyester costs rise.
RealAg Radio host Shaun Haney joins us to discuss Canada’s advisory committee and the upcoming USMCA review and its potential impact on agriculture.
Processing slowdowns and invasive species add pressure during peak harvest

LATEST STORIES BY THIS AUTHOR:

Meredith Petersen joined us to discuss the National Swine Health Strategy, how it was developed through industry collaboration, potential challenges ahead, and its expected benefits for pork producers.
K-State researchers advise producers to take action, highlighting that prevention is essential for controlling tick populations as cases spread West.
Shaun Haney joined us to discuss rising concerns over farmland ownership in Canada, actions being considered by provinces and farm groups, and the potential impacts of tighter regulations.
U.S. Soybean Export Council CEO Jim Sutter joins us to discuss the impact of new trade development funding for U.S. soy.
Rep. Adrian Smith joins us to discuss the push for nationwide year-round E15 sales and legislative hurdles for getting it into the farm bill.