Just days after enforcing a 25% tariff on goods from Mexico, President Donald Trump has reversed course. Trump’s tariffs on Mexico went into effect at 12:01 a.m. Tuesday. As of Thursday morning, the president said he will delay the tax on goods under the United States–Mexico–Canada Agreement until April 2.
Texas's trade relationship with Mexico has supported hundreds of thousands of jobs and brought in billions in capital investment to the state.
Texas exported $450 billion in goods and services in 2023, putting it at risk in President Trump's trade war within China, Canada and Mexico.
President Donald Trump promised the tariffs he put on pause for Mexico and Canada will happen next month. He installed those sweeping 25% tariffs earlier this week.
The Perryman Group releases estimates of total economic costs Editor’s Note: The video above explains tariffs, but does not include information from the Perryman Group. We are working to set
Auto manufacturers and dealers anticipate the tariffs will drive up prices and stifle demand for new vehicles.
With tariffs now in effect, local rice farmers say they finally have a chance to compete with imported goods on grocery store shelves.