Skip to Content
NCBFAA_Final_Logo

Trump Says Mexico Tariffs Delayed a Month

In a message on X this morning, President Trump said he had a “very friendly conversation” with Mexican President Claudia Sheinbaum, during which Mexico agreed to send 10,000 troops to the borders to focus on halting fentanyl and illegal immigration into the U.S. at the Southern border. This led to a mutual agreement to pause the 25% tariffs on U.S. imports from Mexico for one month, as negotiations between the two countries continues.

“I look forward to participating in those negotiations, with President Sheinbaum, as we attempt to achieve a ‘deal’ between our two Countries,” President Trump said.

It is still uncertain if the 25% Canadian tariffs imposed by the Trump administration will be implemented by midnight, Feb. 4, as announced on Saturday, or if an agreement will be reached between President Trump and Canadian President Justin Trudeau to pause those tariffs, as well.

Meanwhile, Customs and Border Protection (CBP) notified the trade on Sunday evening, Feb. 2, that a Federal Register Notice will be published by the agency which will provide more specifics, including further details on relevant updates to the HTSUS. It’s unclear how this announcement from President Trump regarding the 25% Mexico tariffs being delayed a month will impact CBP’s Federal Register notice.

NCBFAA will continue to keep our members informed with Trump tariff updates through eblasts, as well as a dedicated "Trump Tariffs Updates" webpage on our website.

Attention: The Monday Morning eBriefing (MMeB) and other communications of the NCBFAA are the exclusive property of the Association. Unauthorized use by any person or firm which is not a member in good standing is strictly prohibited

CBP Prepares to Implement Trump Tariffs on Canada, Mexico and China Imports

Feb 2, 2025 | Chris Gillis

With the recently imposed tariffs on Canada, Mexico, and China by President Trump to take effect at 12:01 a.m. ET, Feb. 4, Customs and Border Protection (CBP) notified the trade on Sunday evening, Feb. 2, that a Federal Register Notice will be published by the agency which will provide more specifics, including further details on relevant updates to the HTSUS. 

CBP also noted that duty-free de minimis treatment under 19 U.S.C. 1321 is not available for products subject to the additional tariffs, effective on 12:01 a.m. ET on Feb. 4. The agency said it will provide, via CSMS, additional technical updates regarding duty-free de minimis treatment following the publication of the Federal Register notice.

“We understand that there will be many questions regarding implementation of these tariffs, and we are committed to clear and timely communication,” CBP said. “We will provide significant updates as we receive them.” 

CBP said any questions may be directed to the agency at TradeEvents@cbp.dhs.gov.