Suppliers

Here are the latest developments in Trump’s tariff plans for Mexico and Canada

Claudia Sheinbaum, Mexico's president, speaks during a news conference at the National Palace in Mexico City, Mexico, on Monday, Feb. 3, 2025. Sheinbaum said US tariffs against Mexico will be delayed for one month after a conversation with Donald Trump on Monday.
Claudia Sheinbaum, Mexico's president, said U.S. tariffs against Mexico will be delayed for one month after a conversation with Donald Trump on Feb. 3. (BLOOMBERG)
February 04, 2025 09:00 PM

President Donald Trump reached an agreement that will delay expanded tariffs on Canadian and Mexican goods until March 1. Some lawmakers saw the initial reactions to the import duties as validating the administration’s trade policies. Suppliers continued to fear higher levies will put them in a financial bind. Here are the latest developments in the president’s plans to raise import levies.

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