#MexicoEndsTariff As of March 7, 2025, there have been significant developments regarding trade tariffs between the United States, Mexico, and Canada:

U.S. Tariffs on Mexico and Canada: On February 24, 2025, President Donald Trump announced that 25% tariffs on most imports from Mexico and Canada would take effect on March 4, 2025. This decision followed a one-month postponement intended to allow both countries to address concerns related to border security, immigration, and drug trafficking.

Mexico's Response: In December 2024, Mexico imposed import tariffs of up to 35% on certain textile products to protect its domestic industry. These measures were not targeted at any specific country and exempted nations with which Mexico has free trade agreements, such as the United States and Canada.

Elimination of 'De Minimis' Exemption: In February 2025, President Trump issued an executive order eliminating the 'de minimis' exemption, which previously allowed duty-free entry for packages valued under $800. This change imposes a 25% tariff on goods from Canada and Mexico and a 10% duty on imports from China, significantly impacting e-commerce and small-package imports.

These developments have led to increased tensions and discussions among the involved nations, with potential implications for international trade and economic relations.