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Trump says most goods from Mexico will be exempt from recent tariffs

Taxes,Trade

From the Left

President Donald Trump said in a posting on social media that he will issue an exemption on tariffs for most goods coming into the U.S. from Mexico, after putting in place sweeping 25% tariffs on Tuesday.

The exemption would apply to goods compliant with the USMCA trade deal reached during Trump’s first term, and the agreement will last for one month, Trump posted on social media after speaking with Mexican President Claudia Sheinbaum. Trump didn't say whether that exemption would also apply to goods from Canada that complied with the trade deal.

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