Trump Extends Tariff Pause for Mexico and Canada

• 25% Tariffs for Products Not Covered by the T-MEC Still Apply
• New Global Tariffs Announced
• EU and Latin America Also Affected

US President Donald Trump announced Wednesday an extension of the temporary pause on tariffs for goods from Mexico and Canada covered by the USMCA (T-MEC) trade agreement.

In a brief statement, the White House confirmed the decision but did not specify how long the exemption would last or the precise reasons behind it.

Back on March 4, Trump imposed a 25% tariff on imports from Mexico and Canada but carved out a one-month pause for specific goods governed by the USMCA.

The extension helps prevent these products from being taxed immediately—a move that could have jeopardized the continuity of the agreement.

Trump Extends Tariff Pause for Mexico and Canada

The president of the United States, Donald Trump, decided to give relief to Mexico and Canada by extending the pause that had been determined a month ago for the products covered by the T-MEC Free Trade Agreement, announced the White House https://t.co/hc5yjv5ekt pic.twitter.com/tujbaqbn7c

-Joaquín López-Dóriga (@lopezdoriga) April 2, 2025

However, the relief is partial.

General imports from Mexico and Canada remain subject to the 25% tariff, along with an additional 25% duty on steel and aluminum — raising the total surcharge to 50%.

Additionally, Canadian oil and gas exports to the U.S. will face a 10% tax.

Trump also announced a minimum 10% tariff on imports from dozens of countries, with higher penalties for those deemed the “worst offenders” of trade practices by Washington.

According to a chart released by the White House, the European Union will be hit with a 20% tariff, while Argentina, Brazil, and Chile will face 10%.

Mexico and Canada are not included in that list, but the administration confirmed their exports remain under elevated tariff scrutiny.

You might also be interested in: Trump Considers Imposing 20% Tariffs on Most U.S. Imports

Analysts warn that these policies could strain trade relations and raise the cost of key products across the region, EFE reported.

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