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Mexico and the US agree to extend trade deal deadline

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Mexican President Claudia Sheinbaum said that on Saturday she had a telephone conversation with US President Donald Trump, during which they agreed to extend the deadline for trade agreements. This is reported by Reuters, according to UNN.

I was interested in November 1 not arriving without our prior communication, and that we would reach an agreement that our teams are still working 

- said Sheinbaum.

She noted that the US and Mexico are working to resolve 54 outstanding trade barriers.

We are practically closing this issue 

- she added.

Addition

In July, the US agreed to suspend for 90 days a tariff increase on some Mexican goods from 25% to 30% as the two countries continued negotiations aimed at reaching a new trade agreement. This pause was due to end this week.

Recall

Goods imported from both the European Union and Mexico will face a 30% US customs duty from August 1.

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