On Thursday, Donald Trump said he would delay 25% tariffs on many Mexican goods until April after a conversation with Mexico's president, Claudia Sheinbaum. 

The president wrote on his Truth Social platform that “Mexico will not be required to pay tariffs on anything” that falls under the USMCA, the trade deal between the US, Mexico, and Canada, for a month. This is the second time President Trump has postponed tariffs since announcing the import taxes in February. 

In the social media statement, he added that this agreement to delay tariffs is in effect until April 2nd and said he had done this as an accommodation and out of respect for President Sheinbaum.

"Our relationship has been a very good one, and we are working hard, together, on the Border, both in terms of stopping Illegal Aliens from entering the United States and, likewise, stopping Fentanyl,” the U.S. President said. He concluded his statement by thanking Sheinbaum for her hard work and cooperation.

The announcement comes a day after his Commerce Secretary, Howard Lutnick, said on the same day that tariffs on both countries would “likely” be delayed.

Trump announced a 25% levy on goods from Canada and Mexico this Tuesday and doubled a tariff on Chinese exports from 10% to 20%. Since then, all three countries have said they plan to impose retaliatory tariffs on the United States.