Back to today’s briefing

Story perspectives

Trump Delays Tariffs, Grants Mexico 90-Day Negotiation Window

8/1/2025

40 6

Summary

Story summary

Donald Trump pushed the deadline for new tariffs on U.S. imports to midnight Thursday, granting Mexico an additional 90 days for negotiations. He also imposed tariffs on Brazil and India. Despite some trade agreements, worries about inflation and looming legal battles, especially with Canada and China, continue to cast a shadow over his tariff strategy.

1 of 1

Story summary

Donald Trump pushed the deadline for new tariffs on U.S. imports to midnight Thursday, granting Mexico an additional 90 days for negotiations. He also imposed tariffs on Brazil and India. Despite some trade agreements, worries about inflation and looming legal battles, especially with Canada and China, continue to cast a shadow over his tariff strategy.