TRUMP DELAYS MEXICO TARIFFS AS BORDER SECURITY DEAL MOVES FORWARD – The one-month delay will allow both nations to continue negotiations
U.S. President Donald Trump has postponed new tariffs on Mexico for one month after the country agreed to deploy 10,000 National Guard members along its northern border to curb the flow of illegal drugs, particularly fentanyl.
As part of the agreement, the U.S. has also committed to taking action to prevent the trafficking of high-powered weapons into Mexico, Mexican President Claudia Sheinbaum announced on X. The deal was reached during a phone call between the two leaders on Monday, just before tariffs on Mexico, China, and Canada were set to take effect.
The one-month delay will allow both nations to continue negotiations. “I look forward to participating in those negotiations with President Sheinbaum as we attempt to achieve a deal between our two countries,” Trump wrote on Truth Social.
Sheinbaum echoed the sentiment, stating at a press conference, “We have this month to work and convince each other that this is the best way forward.”
The announcement provided some relief to Mexico’s peso, which had been under pressure due to trade concerns. Meanwhile, Trump also spoke with Canadian Prime Minister Justin Trudeau and plans to continue discussions. Tariffs on Canada and China are still set to take effect, with Canada already announcing retaliatory measures.
