SPECIAL MEMO TO CLIENTS ISSUE 25-006 – February 03, 2025

Trump is Postponing the Mexico Increased Duties

After a phone call this morning with Mexico President Claudia Sheinbaum, U.S. President Trump announced on social media that due to cooperation with Mexico will pause the additional 25% tariffs on Mexico for one month. This pause will allow for negotiations between the United States and Mexico for resolutions. There is nothing published in writing with the full details yet.