Mexican President Claudia Sheinbaum told cheering crowds Sunday that she is confident that her country has headed off the threat of US tariffs for now.

Mexican President Claudia Sheinbaum thanked her U.S. counterpart Donald Trump for exempting Mexican goods included in the USMCA from being impacted by tariffs

Yahoo Finance will chronicle the latest news and updates on Trump's tariffs — from the threats to the eventual policy.

President Donald Trump on Thursday signed executive actions that delay for nearly one month tariffs on all products from Mexico and Canada that are covered by the USMCA free trade treaty, a significant walkback of the administration’s signature economic plan that has rattled markets,

As the deadline to avert Trump tariffs nears, President Sheinbaum emphasized the importance of the USMCA deal and her efforts to save it.

Following a discussion with Mexico President Claudia Sheinbaum, Trump agrees to exempt Mexican goods from tariffs. Some tariffs on Canadian goods also were delayed.

"Reciprocal tariffs will still go into effect on April 2. But at the request of the companies associated with USMCA, the president is giving them an exemption for one month, so they are not at an economic disadvantage," she added, referencing the North American free trade agreement Trump renegotiated in his first term.

President Trump said he will issue an exemption on tariffs of. most U.S. imports from Mexico that are covered under a 2020 trade agreement, delaying levies imposed on the nation earlier this week. Tru

President Donald Trump on Thursday paused tariffs on some products from Mexico and Canada, temporarily withdrawing major portions of a policy issued two days earlier. The one-month exemption will lift tariffs for all Canadian and Mexican goods compliant with United States-Mexico-Canada Agreement,