One America News Network OAN Staff James Meyers
On Thursday, President Donald Trump signed executive actions that pause tariffs for one month on imports that are subject to the United States-Mexico-Canada Agreement (USMCA).
An estimated 38% of imports from Canada and 50% from Mexico are subject to the USMCA agreement, and will now not have to face the 25% tariff Trump implemented on Tuesday until April 2nd.
This comes after Trump held a discussion on Thursday with Mexican President Claudia Sheinbaum and negotiated between Canadian and Trump administration officials.
“After speaking with President Claudia Sheinbaum of Mexico, I have agreed that Mexico will not be required to pay tariffs on anything that falls under the USMCA Agreement,” Trump wrote on Truth Social Thursday, after a phone conversation with the Mexican president.
He said the tariffs would be delayed until April 2nd. The USMCA is the United States-Mexico-Canada Agreement, negotiated by Trump during his first term, that makes the three North American countries a free trade zone.
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