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US delays tariffs on Mexico to March

US delays tariffs on Mexico to March

Source: Trucking Dive
Date: 3rd February 2025

The two countries agreed to negotiate over the next month while collaborating on addressing drug and weapons trafficking.

Mexico’s President announced that the United States will delay tariffs issued to Mexico by one month.

Mexico’s President said Mexico and the U.S. came to a series of agreements following talks with the U.S. President who confirmed the delay on social media platform Truth Social.

Mexico will send 10,000 troops to the U.S.-Mexico border to aid in the prevention of drug trafficking between the two countries, per the two leaders. Meanwhile, the U.S. will work to stop the trafficking of high-powered weapons to Mexico, Mexico’s President said.

“Our teams will begin working on two fronts: security and trade,” Mexico’s President said in Spanish in a post on social media platform X.

Over the next month, U.S. officials, including the Secretary of State and Secretary of Commerce, will negotiate with Mexico’s government representatives to reach a deal between the two countries, Trump said.

The news comes after Trump announced a plan to implement 25% tariffs on imports from Mexico beginning Feb. 4.

Mexico has been preparing for this moment for months, according to Mexico’s President.

The country tried to stave off tariffs by strengthening its coordination with the U.S. on key topics, including migration, Mexico’s President said in a news briefing. Mexico’s officials have also attempted to persuade U.S. leaders to see trade deficits differently, arguing the two countries are complementary trade partners, not competitors.

And, before the U.S., President’s decision to issue tariffs, Mexico’s President said Mexico’s officials had prepared several plans for how it would respond to the U.S.

Mexico’s President alluded to those plans in her direct response to Trump’s tariffs announcements on Saturday in a post on X. She instructed Mexico’s Economy Secretary to implement “Plan B,” which included both tariff and non-tariff actions.

“If the United States wants to combat the organized crime that traffics drugs and generates violence, we must work together in an integrated way,” Mexico’s President said in Spanish in the post. “But always with respect for shared responsibility, mutual trust, collaboration, and above all respect for sovereignty, which is not negotiable. Coordination, yes; subordination, no.”

Although tariffs on Mexico have been delayed, the U.S. will begin enforcing new duties on Canada and China on Tuesday. Canada was the first of the three countries to officially respond, levying retaliatory tariffs on $155 billion worth of U.S. goods, with some also effective Tuesday.