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Trump Grants Mexico 90-Day Tariff Reprieve Amid Trade Negotiations

Why Gold, Not Models, Will Deliver in 2025
Why Gold, Not Models, Will Deliver in 2025

President Trump has granted Mexico a 90-day reprieve on higher tariffs, extending current rates to allow more time for trade negotiations.

This move comes alongside a new agreement with South Korea that imposes a 15% tariff on imports from Korea while exempting U.S. goods.

Trump has also announced or threatened tariffs on goods from India and Brazil, including a 50% tariff on many Brazilian products starting soon.

Meanwhile, talks with China and the EU show progress toward major trade deals, as deadlines for new tariffs approach.

Eight more from the desk

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