In a significant development in U.S.-Mexico trade relations, President Trump announced a 90-day extension for negotiating a trade deal with Mexico, while maintaining existing tariff rates of 25%. This decision comes after a call with Mexican President Sheinbaum, aimed at averting a potential increase in tariffs. Both countries expressed optimism about reaching an agreement before the upcoming deadline. The extension is expected to ease tensions and provide time for both parties to address the key issues surrounding the trade deal.