National Customs Brokers and Forwarders Association of America (NCBFAA) President Amy Magnus said brokers were relieved that the two countries reached a deal for the U.S. to indefinitely suspend any tariffs on Mexico, adding that it would have been difficult for brokers and forwarders to respond to any tariffs within such a short time frame.
In a letter sent last week to Senate Majority Leader Mitch McConnell, R-Ky., Magnus said the NCBFAA was “gravely concerned” over Trump’s threat to impose tariffs on Mexico.
“If allowed to occur, the impact will be swift and severe,” she wrote.
In addition to the NCBFAA, the Pacific Coast Council of Customs Brokers and Freight Forwarders Associations (PCC) expressed relief at the news that threatened tariffs are being suspended.
“The PCC customs brokers who are on the front lines of the US-Mexico trade relationship, are greatly relieved that the White House and Mexican authorities have reached an agreement” to postpone tariffs, said Peter Friedmann, PCC counsel. “We are encouraged to learn this morning that the US and Mexican authorities are…planning a meeting in 45 days, to review how the recent agreement is being implemented and its effectiveness.”
The joint statement says the U.S. and Mexico will continue “discussions on the terms of additional understandings to address irregular migrant flows and asylum issues, to be completed and announced within 90 days, if necessary.”
In a tweet Saturday, Trump predicted there will be “great cooperation” between the U.S. and Mexico, but added if there’s not, the U.S. can “always go back to our previous, very profitable, position of Tariffs – But I don’t believe that will be necessary.”