President Trump has agreed to place tariffs on each Canada and Mexico on maintain — for now.
Earlier within the day, Trump talked to Mexican President Claudia Sheinbaum and agreed to place deliberate tariffs on Mexico on maintain for a month. The White Home confirmed the transfer.
In a publish on X, Sheinbaum mentioned: “The tariffs are on pause for one month from now.” Sheinbaum mentioned her authorities had agreed to ship 10,000 nationwide guard troops to the border to forestall drug trafficking, particularly fentanyl. And the U.S. will work to cease weapons trafficking to Mexico, she added.
Sostuvimos una buena conversación con el presidente Trump con mucho respeto a nuestra relación y la soberanía; llegamos a una serie de acuerdos:
1.México reforzará la frontera norte con 10 mil elementos de la Guardia Nacional de forma inmediata, para evitar el tráfico de drogas…
— Claudia Sheinbaum Pardo (@Claudiashein) February 3, 2025
Posting on his Reality Social Platform, Trump mentioned the 2 leaders had a “very friendly conversation,” and reiterated the troop dedication to securing the border with the U.S. that Sheinbaum introduced.
Canada’s Prime Minister Trudeau spoke to Trump twice over the course of the day. Trudeau wrote on X Monday afternoon that Canada had dedicated extra sources to frame safety and to preventing fentanyl trafficking, the ostensible motive for the proposed U.S. tariffs.
Canada had promised retaliatory tariffs, with the potential for an escalating commerce battle. These can even be paused 30 days.
President Trump confirmed the information in a publish on his Reality Social web site . When he was requested earlier within the day by reporters what Trudeau may do to alter his thoughts, he mentioned that he’d prefer to see Canada develop into the 51st state, which is overwhelmingly opposed by Canadians.
Over the weekend, Trump had mentioned {that a} 25% import tax on items from Mexico and Canada, alongside 10% tariffs on items from China, would go into impact on Tuesday.
In accordance with Karoline Leavitt, the White Home spokesperson, Trump can be as a result of discuss to Chinese language President Xi Jinping within the subsequent 24 hours.
Mexico has been warning {that a} tariff battle between the 2 international locations would have large results, not only for U.S. customers but in addition for American corporations manufacturing in Mexico.
The biggest exporter in Mexico, for instance, is the U.S. automotive firm Normal Motors. Mexico is the No. 1 supplier of automobiles and automotive components for america. It is the most important supplier of TV and laptop screens and one out of each three fridges within the U.S. comes from Mexico.
Trump mentioned negotiations with Mexico would proceed, led on the U.S. facet by Secretary of State Marco Rubio, Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick.
“I look forward to participating in those negotiations, with President Sheinbaum, as we attempt to achieve a ‘deal’ between our countries,” he mentioned on social media.