President Donald Trump said he would not raise U.S. tariffs on Mexican goods beyond their current levels for 90 days. Trump recently threatened to raise the blanket tariff rate on Mexican imports to 30%.

Containers are stacked, after U.S. President Donald Trump threatened on Saturday to impose a 30% tariff on imports from Mexico and the European Union starting on August 1, in the harbour of Duisburg,

The European Union is expecting US President Donald Trump to announce executive actions this week to formalize the bloc’s lower tariffs for cars and grant exemptions from levies for some industrial goods such as aviation parts,