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.

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.

President Donald Trump announced Thursday that he won't raise tariffs on Mexican goods Friday for 90 days, in hopes that a new trade deal can be arranged.