Trump Blinks To Push Tariff Deadline With Mexico For 90 Days More

Against its own pronouncements, the US bought Mexico another 90 days on tariff discussion, pushing the showdown’s new deadline to October. President Donald Trump said the two sides will “continue the exact same deal” while they look for a longer-term accord.

The extension keeps three heavy levies in place: a 25% “fentanyl tariff,” 25% on cars, and 50% on steel, aluminium and copper. Mexico also pledged to scrap a list of non-tariff barriers “immediately,” according to Trump.

“We will be talking… with the goal of signing a trade deal… or longer,” he wrote after a call with Mexican President Claudia Sheinbaum.

Sheinbaum hailed the pause as a win. “We avoided the tariff increase announced for tomorrow,” she posted on X, adding that both sides now have “90 days to build a long-term deal.”

The about-face undercuts Trump’s ultimatum a day earlier that “THE AUGUST FIRST DEADLINE… WILL NOT BE EXTENDED”—a reminder that his red lines often fade when the clock strikes midnight.

Washington’s deadline postponement is starting to become a habit. Last week, US negotiators signalled they will roll a separate China tariff truce past its August 12 expiry, also in 90-day increments.

With similar extensions already granted to the EU and other partners, critics say the White House is enforcing deadlines only to waive them—leaving businesses to manage month-to-month uncertainty rather than a durable rulebook.


Information for this briefing was found via the sources mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Why the Market May Be Misreading Iran | David Woo

Why US Fertilizer Supply Could Matter a Lot More Now | Pat Varas – Sage Potash

Roscan Gold: Mali Discount Hits Kandiole PEA

Recommended

First Majestic Tracking Ahead Of Guidance Following Q1 Production Results

Canadian Gold Drills 19.5 g/t Gold Over 1.0 Metre At Lac Arsenault

Related News

EU Parliament Moves to Freeze US Trade Deal Ratification

The European Parliament’s top trade official called Sunday for an immediate freeze on ratification of...

Monday, February 23, 2026, 10:11:00 AM

Jagmeet Singh Demands Parliament Recall Over US Tariff Threat

NDP Leader Jagmeet Singh called for an emergency Parliament session on Thursday to address looming...

Friday, January 31, 2025, 02:55:00 PM

Japan’s Kato Says US Debt Holdings Give Tokyo Potential Leverage

Japan has signaled it could leverage its position as the largest foreign holder of US...

Friday, May 2, 2025, 10:34:00 AM

Will The New “Fentanyl Czar” Be Enough To Hold Trump Tariffs?

Ottawa has named Kevin Brosseau—once a deputy national security and intelligence adviser to Prime Minister...

Wednesday, February 12, 2025, 11:10:00 AM

Ottawa Counters Trump’s Auto Tariffs With Relief Program

Canadian officials unveiled a plan Tuesday to exempt car manufacturers with ongoing operations in Canada...

Wednesday, April 16, 2025, 02:18:00 PM