President Donald Trump announced Thursday that his administration had secured major concessions from Mexico in a new trade agreement covering sectors from automotive and steel manufacturing to fentanyl trafficking at the southern border.
Following what he described as a “very successful” phone call with Mexican President Claudia Sheinbaum, Trump said the two leaders are “getting to know and understand each other,” crediting their improving relationship with helping finalize the deal.
Under the agreement, Mexico will continue paying substantial tariffs on some of its most lucrative exports to the U.S., including a 25% tariff on fentanyl, 25% on automobiles, and 50% on aluminum, steel, and copper, according to Trump.
In addition, the deal includes a commitment from Mexico to eliminate its use of non-tariff trade barriers—regulatory and policy restrictions that have historically limited U.S. imports—“of which there were many,” Trump noted.
Both countries have agreed to maintain the deal for 90 days while negotiators work toward a permanent agreement aimed at tackling the complex challenges shared by the U.S. and Mexico, including human trafficking and the flow of illegal drugs.
Several top administration officials were credited with helping finalize the agreement, including Vice President JD Vance, Treasury Secretary Scott Bessent, Secretary of State Marco Rubio, Commerce Secretary Howard Lutnick, U.S. Trade Representative and Ambassador Jamieson Greer, White House Chief of Staff Susie Wiles, and Deputy Chief of Staff for Policy and Homeland Security Advisor Stephen Miller.
“There will be continued cooperation on the Border as it relates to all aspects of Security, including Drugs, Drug Distribution, and Illegal Immigration into the United States,” Trump wrote on Truth Social.