IBOV 176,402.10 ▲ 1.77% IPSA 10,954.04 ▲ 0.52% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,281,979 — 0.00% COLCAP 2,301.34 ▲ 0.13% BVL PERÚ 57,575.02 — — USD/BRL5.06▼ 0.29% USD/MXN17.39▼ 0.11% USD/CLP934.60▼ 0.12% USD/COP3,203▼ 1.62% USD/PEN3.40▲ 0.08% USD/ARS1,478▲ 0.02% USD/UYU40.14▲ 1.07% USD/PYG6,035▲ 1.50% USD/BOB10.95▲ 3.79% USD/DOP58.34▲ 0.24% USD/CRC447.42▲ 1.35% USD/GTQ7.62▲ 2.27% USD/HNL26.74▲ 1.52% USD/NIO36.62▲ 0.72% USD/VES735.39▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 0.36% USD/TTD6.71▲ 0.76% EUR/BRL5.77▼ 0.83% BRENT 94.19 ▲ 3.49% WTI 87.12 ▲ 2.60% IRON ORE 161.91 — — COPPER 6.51 ▲ 0.02% GOLD 4,161 ▲ 2.21% SILVER 60.99 ▲ 3.65% SOY 1,236 ▲ 1.31% CORN 483.75 ▲ 6.85% WHEAT 700.50 ▲ 3.32% COFFEE 317.65 ▼ 4.31% SUGAR 14.80 ▼ 0.54% ORANGE JUICE 146.80 ▲ 2.09% COTTON 80.43 ▲ 1.86% COCOA 5,412 ▼ 3.48% BEEF 219.68 ▼ 3.09% CATTLE 337.43 ▼ 3.47% LITHIUM 69.34 ▲ 0.38% PETR4 42.62 ▲ 2.30% VALE3 74.32 ▲ 2.88% ITUB4 42.82 ▲ 0.68% BBDC4 18.66 ▲ 0.59% ABEV3 16.05 ▲ 1.58% BBAS3 20.78 ▼ 0.48% B3SA3 15.57 ▲ 2.64% WEGE3 46.30 ▲ 9.02% PRIO3 59.53 ▲ 2.32% SUZB3 42.46 ▲ 1.99% RENT3 37.00 ▲ 1.23% AZZA3 17.57 ▲ 0.51% CSAN3 3.90 ▲ 3.17% RAIZ4 0.28 ▲ 3.70% PCAR3 2.72 ▼ 0.37% GMAT3 3.86 ▲ 0.78% PSSA3 54.45 ▲ 1.81% CVCB3 1.22 ▲ 8.93% POSI3 3.71 ▲ 0.82% SLCE3 13.85 ▲ 0.73% NATU3 8.76 ▲ 0.57% BRKM5 6.04 ▲ 5.78% RANI3 7.98 ▲ 1.14% CSNA3 5.26 ▲ 3.95% CMIN3 5.85 ▲ 4.84% USIM5 8.58 ▲ 1.42% GGBR4 23.81 ▲ 1.36% ENEV3 25.67 ▲ 0.98% CPFE3 46.64 ▲ 0.52% CMIG4 11.14 ▲ 1.09% EQTL3 38.97 ▲ 0.36% LREN3 13.55 ▲ 2.11% VIVT3 35.96 ▲ 0.45% RAIL3 13.60 ▲ 2.72% KLABIN 17.89 ▲ 1.71% RAIA DROGASIL 18.21 ▲ 0.44% RDOR3 34.24 ▲ 0.94% HAPV3 11.53 ▲ 2.58% FLRY3 16.70 ▲ 0.91% SMTO3 15.94 ▲ 2.31% UGPA3 32.39 ▲ 1.79% VBBR3 34.42 ▲ 1.38% BBSE3 41.93 ▲ 0.91% BPAC11 56.16 ▲ 1.43% CURY3 30.22 ▲ 0.90% AERI3 2.06 ▲ 0.98% VIVARA 21.33 ▼ 0.37% COMPASS 24.71 ▲ 1.10% VAMOS 3.18 ▲ 2.91% SANB11 26.83 ▼ 1.40% ASAI3 8.42 ▲ 2.06% SBSP3 28.96 ▲ 1.26% WALMEX 49.37 ▲ 0.45% GMEXICO 213.45 ▲ 2.14% FEMSA 230.15 ▲ 1.50% CEMEX 22.36 ▲ 1.31% GFNORTE 190.10 ▲ 2.31% BIMBO 60.30 ▲ 1.53% TELEVISA 9.88 ▲ 1.23% AMX 22.69 ▼ 0.31% GAP 382.19 ▲ 0.97% ASUR 272.82 ▼ 0.78% OMA 232.52 ▲ 2.77% KOF 184.13 ▲ 2.03% GRUMA 282.73 ▲ 0.05% KIMBER 39.20 ▲ 2.08% SQM-B 66,032 ▲ 2.31% COPEC 6,355 ▼ 1.47% BSANTANDER 79.47 ▲ 0.58% FALABELLA 5,910 ▼ 0.15% ENELAM 84.13 ▼ 0.47% CENCOSUD 2,027 ▼ 0.04% CMPC 1,065 ▼ 1.74% BANCO CHILE 189.99 ▼ 0.01% LATAM AIR 23.99 ▼ 0.87% YPF 82,425 ▲ 2.23% GGAL 8,250 ▲ 3.58% PAMPA 5,530 ▲ 1.00% TXAR 678.00 ▼ 0.15% ALUAR 950.00 ▼ 2.36% TGS 9,855 ▲ 1.49% CEPU 2,359 ▲ 0.81% MIRGOR 16,925 ▲ 0.89% COME 43.00 ▲ 0.30% LOMA NEGRA 3,660 ▲ 1.53% BYMA 296.25 ▲ 1.37% TELECOM ARG 4,330 ▲ 1.76% ECOPETROL 16.95 ▲ 2.51% BANCOLOMBIA 84.12 ▲ 0.57% GRUPO AVAL 5.05 ▼ 0.79% CREDICORP 389.55 ▼ 0.40% SOUTHERN COPPER 191.44 ▲ 1.82% BUENAVENTURA 32.53 ▲ 4.10% MERCADOLIBRE 1,812 ▼ 0.61% NUBANK 14.06 ▼ 2.29% XP 17.02 ▲ 1.01% PAGSEGURO 9.51 ▼ 0.78% STONE 11.19 ▼ 0.62% GLOBANT 32.40 ▲ 0.93% TECNOGLASS 45.90 ▲ 1.66% GAP AIRPORT 219.47 ▲ 0.82% ASUR 272.82 ▼ 0.78% OMA AIRPORT 106.66 ▲ 2.33% AMX ADR 26.09 — 0.00% FEMSA ADR 132.11 ▲ 1.35% CEMEX ADR 12.86 ▲ 1.22% PETROBRAS ADR 19.03 ▲ 2.64% VALE ADR 14.68 ▲ 3.00% ITAU ADR 8.41 ▲ 0.12% SANTANDER BR 5.40 ▼ 0.18% AMBEV ADR 3.15 ▲ 1.29% CSN 1.05 ▲ 5.00% GERDAU 4.71 ▲ 1.51% LATAM ADR 51.09 ▼ 0.94% BTC 65,599 ▼ 1.36% ETH 1,927 ▼ 0.08% SOL 77.51 ▼ 0.77% XRP 1.14 ▼ 0.30% BNB 571.20 ▼ 0.42% ADA 0.17 ▲ 0.38% DOGE 0.07 ▼ 0.96% AVAX 6.54 ▼ 0.33% LINK 8.65 ▲ 0.00% DOT 0.84 ▼ 0.92% LTC 46.62 ▼ 0.42% BCH 219.99 ▼ 1.66% TRX 0.33 ▼ 0.09% XLM 0.19 ▼ 1.32% HBAR 0.07 ▲ 3.11% NEAR 1.88 ▼ 2.95% ATOM 1.46 ▼ 1.49% AAVE 97.38 ▲ 1.89% SELIC 14.25% EMBRAER 84.34 ▲ 2.04% EMBRAER ADR 66.60 ▲ 1.73% JBS 12.26 ▲ 2.55% JBS BDR 61.77 ▲ 2.57% MBRF3 15.46 ▲ 2.32% MBRFY 3.00 ▲ 1.69% INTER 5.53 ▼ 0.90% IBOV 176,402.10 ▲ 1.77% IPSA 10,954.04 ▲ 0.52% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,281,979 — 0.00% COLCAP 2,301.34 ▲ 0.13% BVL PERÚ 57,575.02 — — USD/BRL 5.06 ▼ 0.29% USD/MXN 17.40 ▼ 0.08% USD/CLP 934.60 ▼ 0.12% USD/COP 3,203 ▼ 1.62% USD/PEN 3.40 ▲ 0.08% USD/ARS 1,478 ▲ 0.02% USD/UYU 40.14 ▲ 1.07% USD/PYG 6,035 ▲ 1.50% USD/BOB 10.95 ▲ 3.79% USD/DOP 58.34 ▲ 0.24% USD/CRC 447.42 ▲ 1.35% USD/GTQ 7.62 ▲ 2.27% USD/HNL 26.74 ▲ 1.52% USD/NIO 36.62 ▲ 0.72% USD/VES 735.39 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 0.35% USD/TTD 6.71 ▲ 0.76% EUR/BRL 5.77 ▼ 0.83% BRENT 94.19 ▲ 3.49% WTI 87.12 ▲ 2.60% IRON ORE 161.91 — — COPPER 6.51 ▲ 0.02% GOLD 4,161 ▲ 2.21% SILVER 60.99 ▲ 3.65% SOY 1,236 ▲ 1.31% CORN 483.75 ▲ 6.85% WHEAT 700.50 ▲ 3.32% COFFEE 317.65 ▼ 4.31% SUGAR 14.80 ▼ 0.54% ORANGE JUICE 146.80 ▲ 2.09% COTTON 80.43 ▲ 1.86% COCOA 5,412 ▼ 3.48% BEEF 219.68 ▼ 3.09% CATTLE 337.43 ▼ 3.47% LITHIUM 69.34 ▲ 0.38% PETR4 42.62 ▲ 2.30% VALE3 74.32 ▲ 2.88% ITUB4 42.82 ▲ 0.68% BBDC4 18.66 ▲ 0.59% ABEV3 16.05 ▲ 1.58% BBAS3 20.78 ▼ 0.48% B3SA3 15.57 ▲ 2.64% WEGE3 46.30 ▲ 9.02% PRIO3 59.53 ▲ 2.32% SUZB3 42.46 ▲ 1.99% RENT3 37.00 ▲ 1.23% AZZA3 17.57 ▲ 0.51% CSAN3 3.90 ▲ 3.17% RAIZ4 0.28 ▲ 3.70% PCAR3 2.72 ▼ 0.37% GMAT3 3.86 ▲ 0.78% PSSA3 54.45 ▲ 1.81% CVCB3 1.22 ▲ 8.93% POSI3 3.71 ▲ 0.82% SLCE3 13.85 ▲ 0.73% NATU3 8.76 ▲ 0.57% BRKM5 6.04 ▲ 5.78% RANI3 7.98 ▲ 1.14% CSNA3 5.26 ▲ 3.95% CMIN3 5.85 ▲ 4.84% USIM5 8.58 ▲ 1.42% GGBR4 23.81 ▲ 1.36% ENEV3 25.67 ▲ 0.98% CPFE3 46.64 ▲ 0.52% CMIG4 11.14 ▲ 1.09% EQTL3 38.97 ▲ 0.36% LREN3 13.55 ▲ 2.11% VIVT3 35.96 ▲ 0.45% RAIL3 13.60 ▲ 2.72% KLABIN 17.89 ▲ 1.71% RAIA DROGASIL 18.21 ▲ 0.44% RDOR3 34.24 ▲ 0.94% HAPV3 11.53 ▲ 2.58% FLRY3 16.70 ▲ 0.91% SMTO3 15.94 ▲ 2.31% UGPA3 32.39 ▲ 1.79% VBBR3 34.42 ▲ 1.38% BBSE3 41.93 ▲ 0.91% BPAC11 56.16 ▲ 1.43% CURY3 30.22 ▲ 0.90% AERI3 2.06 ▲ 0.98% VIVARA 21.33 ▼ 0.37% COMPASS 24.71 ▲ 1.10% VAMOS 3.18 ▲ 2.91% SANB11 26.83 ▼ 1.40% ASAI3 8.42 ▲ 2.06% SBSP3 28.96 ▲ 1.26% WALMEX 49.37 ▲ 0.45% GMEXICO 213.45 ▲ 2.14% FEMSA 230.15 ▲ 1.50% CEMEX 22.36 ▲ 1.31% GFNORTE 190.10 ▲ 2.31% BIMBO 60.30 ▲ 1.53% TELEVISA 9.88 ▲ 1.23% AMX 22.69 ▼ 0.31% GAP 382.19 ▲ 0.97% ASUR 272.82 ▼ 0.78% OMA 232.52 ▲ 2.77% KOF 184.13 ▲ 2.03% GRUMA 282.73 ▲ 0.05% KIMBER 39.20 ▲ 2.08% SQM-B 66,032 ▲ 2.31% COPEC 6,355 ▼ 1.47% BSANTANDER 79.47 ▲ 0.58% FALABELLA 5,910 ▼ 0.15% ENELAM 84.13 ▼ 0.47% CENCOSUD 2,027 ▼ 0.04% CMPC 1,065 ▼ 1.74% BANCO CHILE 189.99 ▼ 0.01% LATAM AIR 23.99 ▼ 0.87% YPF 82,425 ▲ 2.23% GGAL 8,250 ▲ 3.58% PAMPA 5,530 ▲ 1.00% TXAR 678.00 ▼ 0.15% ALUAR 950.00 ▼ 2.36% TGS 9,855 ▲ 1.49% CEPU 2,359 ▲ 0.81% MIRGOR 16,925 ▲ 0.89% COME 43.00 ▲ 0.30% LOMA NEGRA 3,660 ▲ 1.53% BYMA 296.25 ▲ 1.37% TELECOM ARG 4,330 ▲ 1.76% ECOPETROL 16.95 ▲ 2.51% BANCOLOMBIA 84.12 ▲ 0.57% GRUPO AVAL 5.05 ▼ 0.79% CREDICORP 389.55 ▼ 0.40% SOUTHERN COPPER 191.44 ▲ 1.82% BUENAVENTURA 32.53 ▲ 4.10% MERCADOLIBRE 1,812 ▼ 0.61% NUBANK 14.06 ▼ 2.29% XP 17.02 ▲ 1.01% PAGSEGURO 9.51 ▼ 0.78% STONE 11.19 ▼ 0.62% GLOBANT 32.40 ▲ 0.93% TECNOGLASS 45.90 ▲ 1.66% GAP AIRPORT 219.47 ▲ 0.82% ASUR 272.82 ▼ 0.78% OMA AIRPORT 106.66 ▲ 2.33% AMX ADR 26.09 — 0.00% FEMSA ADR 132.11 ▲ 1.35% CEMEX ADR 12.86 ▲ 1.22% PETROBRAS ADR 19.03 ▲ 2.64% VALE ADR 14.68 ▲ 3.00% ITAU ADR 8.41 ▲ 0.12% SANTANDER BR 5.40 ▼ 0.18% AMBEV ADR 3.15 ▲ 1.29% CSN 1.05 ▲ 5.00% GERDAU 4.71 ▲ 1.51% LATAM ADR 51.09 ▼ 0.94% BTC 65,599 ▼ 1.36% ETH 1,927 ▼ 0.08% SOL 77.51 ▼ 0.77% XRP 1.14 ▼ 0.30% BNB 571.20 ▼ 0.42% ADA 0.17 ▲ 0.38% DOGE 0.07 ▼ 0.96% AVAX 6.54 ▼ 0.33% LINK 8.65 ▲ 0.00% DOT 0.84 ▼ 0.92% LTC 46.62 ▼ 0.42% BCH 219.99 ▼ 1.66% TRX 0.33 ▼ 0.09% XLM 0.19 ▼ 1.32% HBAR 0.07 ▲ 3.11% NEAR 1.88 ▼ 2.95% ATOM 1.46 ▼ 1.49% AAVE 97.38 ▲ 1.89% SELIC 14.25% EMBRAER 84.34 ▲ 2.04% EMBRAER ADR 66.60 ▲ 1.73% JBS 12.26 ▲ 2.55% JBS BDR 61.77 ▲ 2.57% MBRF3 15.46 ▲ 2.32% MBRFY 3.00 ▲ 1.69% INTER 5.53 ▼ 0.90%
since 2009
Wednesday, July 22, 2026

Latin America Mexico

Trump, Sheinbaum Postpone USMCA Tariffs as Border Security Efforts Intensify

By · March 6, 2025 · 2 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

Donald Trump announced on Truth Social that he and Claudia Sheinbaum agreed to delay tariffs on USMCA goods until April 2.

The temporary suspension follows escalating trade tensions after Trump’s February decision to impose a 25% tariff on Mexican and Canadian imports, excluding Canadian energy products taxed at 10%.

Trump justified the tariffs under the International Emergency Economic Powers Act, citing national security concerns over illegal immigration and fentanyl trafficking.

The tariffs, which rattled markets and caused the Dow Jones to drop nearly 600 points, threatened Mexico’s key export sectors like automotive manufacturing.

Mexico responded by deploying 10,000 National Guard troops to its northern border to curb fentanyl trafficking and irregular migration. In exchange, the U.S. committed to reducing illegal firearm trafficking into Mexico, addressing a critical issue fueling cartel violence.

Trump, Sheinbaum Postpone USMCA Tariffs as Border Security Efforts Intensify
Trump, Sheinbaum Postpone USMCA Tariffs as Border Security Efforts Intensify. (Photo Internet reproduction)
One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
Browse the directory →
RT
Ask Rio Times
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →

Trump praised Sheinbaum’s cooperation, calling their relationship “very good” and highlighting joint efforts on border security. He described the agreement as a gesture of “adaptation and respect” for Sheinbaum’s leadership.

Sheinbaum’s Diplomatic Balancing Act Amid U.S. Trade Tensions

The Mexican president has emphasized diplomacy over confrontation. In recent months, she extradited 29 cartel leaders to the U.S., signaling her administration’s commitment to addressing shared security concerns.

Sheinbaum faces domestic pressures to protect Mexico’s sovereignty while navigating Trump’s aggressive trade policies. Unlike Canadian Prime Minister Justin Trudeau, who retaliated with protectionist measures, Sheinbaum has sought collaborative solutions.

However, tensions remain high as Trump continues linking Mexico to organized crime and drug trafficking. The agreement provides temporary relief for industries reliant on cross-border trade.

The U.S., Mexico, and Canada account for over 35% of global goods exchanged by the U.S., making stable trade relations critical. Experts warn that prolonged tariffs could harm competitiveness in sectors like electronics, agriculture, and automotive manufacturing.

Senior officials from both nations will lead negotiations in the coming weeks to seek long-term solutions. While the delay eases immediate pressures, uncertainty looms over whether this pause will foster lasting agreements or reignite tensions. The outcome will shape North American economic and security dynamics for years to come.

Deep Dive

For the complete picture, read our in-depth guide: Mexico Economy 2026: GDP, Peso, Nearshoring, Banxico and Trade

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.