-
Mexico's President Sheinbaum: Agreement reached with Trump safeguards the USMCA deal
Added at 11:23am
- Comments / Top
- Subscribe
Trader#3011
Jul 31, 2025 12:07pm
Permalink
-
Related Stories
I have just concluded a telephone conversation with the President of Mexico, Claudia Sheinbaum, which was very successful in that, more and more, we are getting to know and understand each other. The complexities of a Deal with Mexico are somewhat different than other Nations because of both the problems, and assets, of the Border. We have agreed to extend, for a 90 Day period, the exact same Deal as we had for the last short period of time, namely, that Mexico will continue to pay a 25% Fentanyl Tariff, 25% Tariff on Cars, and 50% Tariff on Steel, Aluminum, and Copper. Additionally, Mexico has agreed to immediately terminate its Non Tariff Trade Barriers, of which there were many. We will be talking to Mexico over the next 90 Days with the goal of signing a Trade Deal somewhere within the 90 Day period of time, or longer. Present at the meeting were Vice President JD Vance, Secretary of Treasury Scott Bessent, Secretary of State Marco Rubio, Secretary of Commerce Howard Lutnick, United States Trade Representative and Ambassador Jamieson Greer, Chief of Staff Susie Wiles, and Deputy Chief of Staff for Policy, and United States Homeland Security Advisor, Stephen Miller. There will be continued cooperation on the Border as it relates to all aspects of Security, including Drugs, Drug Distribution, and Illegal Immigration into the United States. Thank you for your attention to this matter! TRUMP: MEXICO WILL CONTINUE TO PAY A 25% FENTANYL TARIFF TRUMP: MEXICO TO PAY 25% TARIFF ON CARS, 50% TARIFF ON STEEL TRUMP: MEXICO HAS AGREED TO IMMEDIATELY TERMINATE ITS NON TARIFF TRADE BARRIERS
TRUMP SIGNS EXECUTIVE ORDER RAISING TARIFF ON CANADA FROM 25% TO 35%; HIGHER RATE EFFECTIVE AUGUST 1, 2025 Trump sets 10% tariff on trading partners *WHITE HOUSE: TRUMP WILL MODIFY CERTAIN COUNTRIES TARIFF RATES BEFORE MIDNIGHT WHITE HOUSE: GOODS TRANSSHIPPED TO EVADE 35% TARIFF ON CANADA WILL BE SUBJECT, INSTEAD, TO A TRANSSHIPMENT TARIFF OF 40% 
Fact Sheet: President Donald J. Trump Amends Duties to Address the Flow of Illicit Drugs Across our Northern Border Today, President Donald J. Trump signed an Executive Order increasing the tariff on Canada from 25% to 35%, with the higher tariff set to go into effect on August 1, 2025. • Shortly after returning to office, President Trump declared a national emergency under the International Emergency Economic Powers Act (IEEPA) to address, among other things, the public health crisis caused by fentanyl and illicit drugs flowing across the northern border into the United States. • Canada has failed to cooperate in curbing the ongoing flood of fentanyl and other illicit drugs, and it has retaliated against the United States for the President’s actions to address this unusual and extraordinary threat to the United States. In response to Canada’s continued inaction and retaliation, President Trump has found it necessary to increase the tariff on Canada from 25% to 35% to effectively address the existing emergency. Goods qualifying for preferential tariff treatment under the United States-Mexico-Canada Agreement (USMCA) continue to remain not subject to the IEEPA Canada tariffs. Goods transshipped to evade the 35% tariff will be subject, instead, to a transshipment tariff of 40%. COMBATING CANADA’S CONTINUED ROLE IN THE OPIOID CRISIS: Given Canada’s continued failure to arrest traffickers, seize illicit drugs, or coordinate with U.S. law enforcement and Canada’s retaliation against the United States for the President’s actions to address the unusual and extraordinary threat to America, further presidential action is necessary and appropriate to protect American lives and the national security and foreign policy of the United States.
Fact Sheet: President Donald J. Trump Amends Duties to Address the Flow of Illicit Drugs Across our Northern Border Today, President Donald J. Trump signed an Executive Order increasing the tariff on Canada from 25% to 35%, with the higher tariff set to go into effect on August 1, 2025. • Shortly after returning to office, President Trump declared a national emergency under the International Emergency Economic Powers Act (IEEPA) to address, among other things, the public health crisis caused by fentanyl and illicit drugs flowing across the northern border into the United States. • Canada has failed to cooperate in curbing the ongoing flood of fentanyl and other illicit drugs, and it has retaliated against the United States for the President’s actions to address this unusual and extraordinary threat to the United States. In response to Canada’s continued inaction and retaliation, President Trump has found it necessary to increase the tariff on Canada from 25% to 35% to effectively address the existing emergency. Goods qualifying for preferential tariff treatment under the United States-Mexico-Canada Agreement (USMCA) continue to remain not subject to the IEEPA Canada tariffs. Goods transshipped to evade the 35% tariff will be subject, instead, to a transshipment tariff of 40%. COMBATING CANADA’S CONTINUED ROLE IN THE OPIOID CRISIS: Given Canada’s continued failure to arrest traffickers, seize illicit drugs, or coordinate with U.S. law enforcement and Canada’s retaliation against the United States for the President’s actions to address the unusual and extraordinary threat to America, further presidential action is necessary and appropriate to protect American lives and the national security and foreign policy of the United States.
TRUMP ANNOUNCES TARIFFS ON COUNTRIES RANGING FROM 10% TO 41% *US SETS 20% TARIFF ON TAIWAN *US SETS 19% TARIFF ON CAMBODIA *US SETS 19% TARIFF ON THAILAND *US SETS 19% TARIFF ON MALAYSIA *US SETS 20% TARIFF ON VIETNAM *US SETS 39% TARIFF ON SWITZERLAND *US SETS 19% TARIFF ON INDONESIA WHITE HOUSE: TARIFF RATE OF 15% FOR CAMEROON, 15% FOR CHAD TARIFF RATE OF 15% FOR ISRAEL TARIFF RATE OF 39% FOR SWITZERLAND TARIFF RATE OF 15% FOR TURKEY TARIFF RATE OF 15% FOR VENEZUELA IF U.S. HAS SURPLUS WITH A COUNTRY, TARIFF RATE IS 10%, SENIOR U.S. OFFICIAL SAYS SMALL DEFICIT NATIONS HAVE 15% TARIFF, SENIOR U.S. OFFICIAL SAYS US to impose 15% tariffs on goods from New Zealand.
