Donald Trump has announced an agreement with the Mexican president to extend a trade deal, avoiding 30% tariffs on goods imported from Mexico.

Trump communicated on Truth Social that he has agreed with Mexican President Claudia Sheinbaum to extend an earlier trade agreement, preventing the imposition of across-the-board tariffs of 30% on goods imported from Mexico. Negotiations for a permanent agreement will continue over the next 90 days. However, some tariffs, such as 25% on fentanyl and cars and 50% on metals, will remain applicable. Mexico has pledged to remove certain trade barriers, described by Trump as 'numerous'.