President Donald Trump said Thursday that there would be a 90-day negotiating period with Mexico after a call with that country’s leader, Claudia Sheinbaum, as the 25% tariff rates stay in place. Mexico had faced the prospect of a 30% tariff from Trump set to start Friday,

President Donald Trump posted on social media that he and Mexico’s President Claudia Sheinbaum have agreed to extend the current tariff agreement between the U.S. and Mexico for 90 days to continue conversations.

President Donald Trump announced Thursday that he won't raise tariffs on Mexican goods Friday for 90 days, in hopes that a new trade deal can be arranged.