President Donald Trump said Thursday that he has postponed 25% tariffs on most goods from Mexico for a month after a conversation with that country’s President.

Trump’s announcement comes after his Commerce Secretary, Howard Lutnick, said tariffs on both Canada and Mexico would “likely” be delayed. This is the second one-month postponement Trump has announced since first unveiling the import taxes in early February. The reprieve would apply to goods that are compliant with the trade agreement Trump negotiated with Canada and Mexico in his first term.

“We are working hard, together, on the Border, both in terms of stopping Illegal Aliens from entering the United States and, likewise, stopping Fentanyl,” Trump said on Truth Social.

Trump’s on-again, off-again tariffs threats have roiled financial markets, lowered consumer confidence, and enveloped many businesses in an uncertain atmosphere that could delay hiring and investment. Lutnick emphasized that reciprocal tariffs, in which the United States applies import taxes on countries that tariff U.S. exports, will still be implemented April 2.

U.S. markets bounced of their lows for the day shortly after Lutnick spoke.

Also Thursday, Canadian Prime Minister Justin Trudeau indicated that he expects his country will be in a trade war with the United States for the foreseeable future.

Trudeau said the broader one-month pause “aligns with some of the conversations that we have been having with administration officials.”

The Canadian leader said the move by the Trump administration was a “promising sign,” but it also “means that the tariffs remain in place and therefore our response will remain in place.”

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Republished with permission of The Associated Press.

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Vacationing in Jacksonville? You’re not alone.

That’s the takeaway from a report released by Visit Jacksonville, which shows a lot of people are visiting the Northeast Florida city — and they are spending a lot of money.

According to the report conducted by Downs and St. Germain Research, more than 8 million visitors drove more than $7.4 billion in economic impact from October 2023 to September 2024.

Direct spending accounted for a majority of that sum, with $4.1 million being spent by visitors on eating out, going out, renting cars and so on.

Hotels stayed busy as well.

Nearly 5 million rooms were sold. And that drove $31.5 million in bed tax revenues, money used to restore local infrastructure targeting visitors, ranging from stadiums and arenas to performance art spaces.

Many of the visitors are from in-state, with people originating in Orlando, traveling from Tampa or residing in St. Petersburg taking up three of the top five slots.

However, New York City and Atlanta made up the other two, suggesting that Jacksonville is a draw from major cities outside of the state.

And here’s the best news: 4 out of 5 visitors expect to come back to town. That’s a good sign, given that each visitor saves locals an estimated $540 in taxes.

Roughly a quarter of visitors are attracted by advertising. But twice as many come to see family and friends.

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