Trump pauses tariffs on Mexico for 1 month after Sheinbaum agrees to ship troops to frame
Washington — President Trump introduced he’s pausing U.S. tariffs concentrating on imports from Mexico for a month after the nation’s president agreed to ship 10,000 troops to the U.S.-Mexico border to fight the move of fentanyl.
Mr. Trump wrote on Fact Social on Monday that he and Mexican President Claudia Sheinbaum “agreed to right away pause the anticipated tariffs for a one month interval.” The pause, he mentioned, will enable “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.”
The president wrote that he had a “very pleasant dialog” with Sheinbaum by which she “agreed to right away provide 10,000 Mexican Troopers on the Border separating Mexico and america.”
“These troopers shall be particularly designated to cease the move of fentanyl, and unlawful migrants into our Nation,” Mr. Trump wrote.
Sheinbaum unveiled the small print of the deal in an earlier submit on X, saying that the U.S. is “dedicated to working to forestall the trafficking of high-powered weapons to Mexico” and that “our groups will start working at the moment on two fronts: safety and commerce.” She wrote in Spanish that Mexico “will instantly reinforce the northern border with 10,000 members of the Nationwide Guard to forestall drug trafficking from Mexico to america, notably fentanyl.”
On Saturday, Mr. Trump signed orders imposing a 25% tariff on imports from Mexico and Canada on Saturday, along with a smaller levy on items from China. The brand new tariffs are set to take impact at 12:01 a.m. on Tuesday. U.S. markets tumbled in early buying and selling Monday morning amid fears that the tariffs may drive up costs for client items and stifle commerce between the U.S. and its neighbors.
Earlier than Mr. Trump introduced the pause on Monday, Kevin Hassett, the director of the White Home’s Nationwide Financial Council, informed CNBC that there have been “optimistic conversations which have occurred over the weekend, and there are optimistic conversations which can be going to occur between the leaders of those international locations, you understand, over the subsequent hours.”
“President Trump will then see what individuals have to supply after which make the decision,” Hassett mentioned.
Mr. Trump posted earlier Monday that he spoke to Canadian Prime Minister Justin Trudeau in a cellphone name Monday morning and would accomplish that once more within the afternoon.
