President Donald Trump and his Mexican counterpart Claudia Sheinbaum plan to speak by phone on Thursday morning, according to people familiar with the plans, as a Friday deadline to avoid a 30% tariff nears with no agreement between the US and its largest trade partner.

President Trump said that he’s agreed to extend for 90 days the existing tariffs on Mexican goods because the “complexities of a deal with Mexico are somewhat different than other nations." Trump said

MEXICO CITY (Reuters) -Mexican President Claudia Sheinbaum said on Thursday that she secured a pause on new tariffs coming into effect and a 90-day period to work on a trade deal in a call with U.S. President Donald Trump.