President Trump gives Mexico a 90-day extension on August 1st tariff deadline

mexico-waving-flag-SBI-350162034.jpg

Photo via StoryBlocks

President Trump says Mexico will get a 90-day extension on tomorrow’s tariff deadline.

In a post to Truth Social just moments ago, Trump says he spoke with Mexican President Claudia Sheinbaum. He says the conversations went well and notes the situation with Mexico is different from other countries.

He has agreed to extend the tariff deadline for 90 days. Mexico will continue to pay an across-the-board 25 percent due to continuing concerns regarding the fentanyl crisis, 25 percent on cars, and 50 percent on steel, aluminum, and copper.

LATEST STORIES BY THIS AUTHOR:

As part of this effort, USDA will establish a new National Food Safety Center (NFSC) in Urbandale, Iowa, which will serve as the primary hub for FSIS administrative, technical, and support operations.
Kansas row crop farmer Brad Keeler joins us to discuss drought conditions, planting decisions, input costs, and overall farmer sentiment in his region.
AFBF Economist Danny Munch joined us to discuss snowpack levels in the Colorado River Basin, water supply concerns, and the potential impact on agricultural production.
Congressman Gary Palmer of Alabama joined us to discuss federal overreach, transparency efforts, and legislative solutions impacting agriculture on this week’s Champions of Rural America.
Donald Chase of Chase Farms joined us to discuss drought conditions, planting progress, input costs, and the outlook for Georgia agriculture.
New farm bill amendment renames the 1890 National Scholars Program after Rep. David Scott, highlighting support for HBCU ag education.