US halts tariffs on Mexican products following a 'very friendly' conversation
US President Donald Trump has declared a one-month postponement of the 25% tariffs recently implemented on imports from Mexico. Read Full Article at RT.com.
TroibNews 
US President Donald Trump has decided to temporarily suspend the planned tariffs on Mexican imports for one month after a “very friendly” discussion with his Mexican counterpart, Claudia Sheinbaum Pardo.
This announcement came on Monday, just two days after Trump revealed 25% tariffs on goods from Mexico and Canada, citing issues related to illegal immigration and drug trafficking. Additionally, he imposed a 10% levy on Chinese imports.
On his Truth Social platform, Trump shared that he and Sheinbaum had a “very friendly conversation” during which she agreed to deploy 10,000 Mexican soldiers to the northern border. He emphasized that the troops will be “specifically designated to stop the flow of fentanyl, and illegal migrants into our country.”
Further negotiations are expected to take place, with US Secretary of State Marco Rubio, Treasury Secretary Scott Bessent, and Howard Lutnick, Trump’s nomination for commerce secretary, leading the discussions.
Sheinbaum confirmed the troop deployment on X, underscoring a US commitment to addressing the “trafficking of high-powered weapons” into Mexico. She referred to the dialogue as a “good conversation.”
Tensions had heightened over the weekend when Trump accused Sheinbaum’s administration of forming an “intolerable alliance” with Mexican criminal organizations. Sheinbaum dismissed this accusation as “slanderous” and responded by threatening retaliatory tariffs on US imports along with additional actions to protect Mexico’s national interests.
The trade relationship between the US and Mexico remains robust, primarily bolstered by the United States-Mexico-Canada Agreement, which replaced NAFTA in 2020. This deal has eliminated most tariffs and trade barriers among the three countries. A significant number of cars sold in the US are assembled in Canada and Mexico, with a considerable portion of their parts sourced from these nations.
Although the tariffs on Mexico are on hold, the US plans to move forward with tariff measures against Canada and China. In response to Trump’s tariffs on Canadian imports, Canadian Prime Minister Justin Trudeau quickly announced 25% retaliatory tariffs on American goods.
China, too, has indicated it will take “corresponding countermeasures” and plans to contest Trump’s actions at the WTO.
The announcement of the tariff pause provided a boost to Wall Street on Monday, as major indices managed to recover from earlier losses.
Sanya Singh for TROIB News
This announcement came on Monday, just two days after Trump revealed 25% tariffs on goods from Mexico and Canada, citing issues related to illegal immigration and drug trafficking. Additionally, he imposed a 10% levy on Chinese imports.
On his Truth Social platform, Trump shared that he and Sheinbaum had a “very friendly conversation” during which she agreed to deploy 10,000 Mexican soldiers to the northern border. He emphasized that the troops will be “specifically designated to stop the flow of fentanyl, and illegal migrants into our country.”
Further negotiations are expected to take place, with US Secretary of State Marco Rubio, Treasury Secretary Scott Bessent, and Howard Lutnick, Trump’s nomination for commerce secretary, leading the discussions.
Sheinbaum confirmed the troop deployment on X, underscoring a US commitment to addressing the “trafficking of high-powered weapons” into Mexico. She referred to the dialogue as a “good conversation.”
Tensions had heightened over the weekend when Trump accused Sheinbaum’s administration of forming an “intolerable alliance” with Mexican criminal organizations. Sheinbaum dismissed this accusation as “slanderous” and responded by threatening retaliatory tariffs on US imports along with additional actions to protect Mexico’s national interests.
The trade relationship between the US and Mexico remains robust, primarily bolstered by the United States-Mexico-Canada Agreement, which replaced NAFTA in 2020. This deal has eliminated most tariffs and trade barriers among the three countries. A significant number of cars sold in the US are assembled in Canada and Mexico, with a considerable portion of their parts sourced from these nations.
Although the tariffs on Mexico are on hold, the US plans to move forward with tariff measures against Canada and China. In response to Trump’s tariffs on Canadian imports, Canadian Prime Minister Justin Trudeau quickly announced 25% retaliatory tariffs on American goods.
China, too, has indicated it will take “corresponding countermeasures” and plans to contest Trump’s actions at the WTO.
The announcement of the tariff pause provided a boost to Wall Street on Monday, as major indices managed to recover from earlier losses.
Sanya Singh for TROIB News
