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:

The Farm Monitor takes us along to see how they’re leaning on technology to improve poultry production.
Students say the program builds confidence, teamwork and a sense of purpose.
Roger McEowen breaks down the EPA’s updated dicamba regulations and shares what farmers need to do to remain compliant under the new rules this growing season.
Jarrod Hardke with the University of Arkansas break down extreme drought conditions, shifting planting decisions, and the impact of rising input costs on Arkansas agriculture this season.
Oklahoma livestock economist Dr. Derrell Peel helps us break down the April Cattle-on-Feed report and what it signals for herd rebuilding, supplies and prices moving forward.
Tariff refunds are underway, potentially returning billions to importers, as agriculture groups push for a larger role in trade policy and investigations.