President Trump announced Thursday morning that trade negotiations with Mexico have been extended for 90 days. "I have just concluded a telephone conversation with the President of Mexico, Claudia Sheinbaum,

Economic data out Wednesday showed trade turmoil wasn’t holding back the U.S. economy, but the Federal Reserve left rates unchanged, citing fear of inflation.

The agreement comes after other American allies, like Japan, clinched their own deals, partly to moderate President Trump’s tariff threats.