Media Tip Sheet: In Reversal, New Tariffs on Mexico Suspended Until April 2


March 6, 2025

WASHINGTON (March 6, 2025)- In a reversal on Thursday, the administration announced on social media that it will suspend tariffs on most imports from Mexico until April 2. The reversal comes two days after tariffs of 25 percent were imposed on goods coming into the United States from Mexico and Canada.

Experts at the George Washington University are available to provide insights into this development. To speak with an expert, please contact the GW Media Relations team at [email protected].

Rodney Lake is a teaching instructor of finance and the director of the GW Investment Institute at the GW School of Business (GWSB). Lake oversees GW Investment Institute’s day-to-day operations. Prior to Lake’s current appointment in the GWSB Department of Finance and the GW Investment Institute, he worked as a senior investment officer in the GW Investment Office and was previously a senior financial analyst in the Executive Vice President and Treasurer’s Office at GW.

Scheherazade Rehman is the director of the European Union Research Center and a professor of international finance, business and international affairs. She has advised a number of institutions including OPIC, USAID, U.S. State Department, The World Bank, IMF, and Central Banks and Finance Ministers of Turkey, Nigeria, Peru, Mongolia, Hungary, Poland, Russia and China.

Susan Ariel Aaronson, a research professor of international affairs, is the director of the Digital Trade and Data Governance Hub and co-PI at the NSF Trustworthy AI Institute, TRAILS. Her research focuses on AI governance, data governance, competitiveness in data-driven services such as XR, and AI and digital trade. Aaronson currently directs projects on governing data for generative AI, ensuring that data is globally accurate, complete, and representative and on AI protectionism.

-GW-