Connect with us

World

Trump to pause Mexico tariffs for 1 month after Mexico’s President agrees to more border security

Published

on

U.S. President Donald Trump has agreed to pause 25 per cent tariffs on Mexico for one month after Mexico’s President Claudia Sheinbaum committed to bolstering security at their shared border.

Both presidents confirmed the agreement on their social media pages.

Sheinbaum said Mexico will immediately reinforce the northern border with 10,000 members of the National Guard “to prevent drug trafficking from Mexico to the United States, particularly fentanyl.”

“They are pausing tariffs for one month from now,” she said.

Trump confirmed the two had a “friendly conversation” where the deal was struck, but stressed it was temporary.

“We further agreed to immediately pause the anticipated tariffs for a one month period during which we will have negotiations headed by Secretary of State Marco Rubio, Secretary of Treasury Scott Bessent, and Secretary of Commerce Howard Lutnick, and high-level Representatives of Mexico. I look forward to participating in those negotiations, with President Sheinbaum, as we attempt to achieve a “deal” between our two countries.”

Can Canada strike similar deal to stave off tariffs?

All eyes will now turn to Canada to see if a similar pause on 25 per cent tariffs can be struck before they come into effect on Tuesday.

Canadian Prime Minister Justin Trudeau has planned talks with Trump today. The two spoke on Monday morning, and have another call scheduled for later this afternoon.

Trump has accused Canada of taking advantage of the United States on trade, and cited fentanyl and migrants entering the U.S. from Canada as a factor. Trump added a new twist to the simmering feud, saying Canada won’t allow American banks to operate north of the border.

In a social media post, Trump said Canada “doesn’t even allow U.S. banks to open or do business there … what’s that all about?”

Trump has also repeatedly taunted Trudeau, calling him “Governor Trudeau” and saying Canada can avoid the tariffs by becoming the 51st state.

Canada said it would slap retaliatory tariffs on U.S. products, with the federal government releasing a detailed list of the retaliatory tariffs on $30 billion in goods.

With files from The Canadian Press

Continue Reading