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Trump places Mexico tariffs on maintain for 1 month after a name with the Mexican president
The Tycoon Herald > World > Trump places Mexico tariffs on maintain for 1 month after a name with the Mexican president
World

Trump places Mexico tariffs on maintain for 1 month after a name with the Mexican president

Tycoon Herald
By Tycoon Herald 3 Min Read Published February 3, 2025
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Trump places Mexico tariffs on maintain for 1 month after a name with the Mexican president

Mexican President Claudia Sheinbaum provides her day by day morning press convention on the Nationwide Palace in Mexico Metropolis, Monday.

Marco Ugarte/AP


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Marco Ugarte/AP

Mexican President Claudia Sheinbaum mentioned that following a cellphone name with President Trump Monday morning, the U.S. has agreed to place deliberate tariffs on Mexico on maintain for a month. The White Home confirmed the transfer.

In a put up on X, she 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 stop 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 Fact 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.

President Trump is imposing 25% tariffs on most imports from Mexico and Canada. Mexico supplies more than a quarter of the fresh fruits and vegetables in the U.S., including avocados popular in Super Bowl guacamole.

President Trump says fentanyl smuggled into the U.S. is a key reason for imposing tariffs on Canada, China and Mexico. But NPR found that Trump and his team made false statements about the fentanyl crisis. Canada, in particular, plays no meaningful role in America's fentanyl-overdose epidemic.

A man looks at the electronic board showing the numbers of the Nikkei Stock Average on the Tokyo Stock Exchange on a street in central Tokyo on February 3, 2025.

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. Trump mentioned he might be talking to Canadian Prime Minister Justin Trudeau Monday afternoon.

Mexico has been warning {that a} tariff struggle between the 2 international locations would have big results, not only for U.S. customers, but additionally for American corporations manufacturing in Mexico.

The most important exporter in Mexico, for instance, is the U.S. automotive firm Basic Motors. Mexico is the No. 1 supplier of automobiles and automotive elements for the US. It is the biggest supplier of TV and pc screens and one out of each three fridges within the U.S. comes from Mexico.

Panama's Foreign Minister Javier Martinez-Acha (R) shakes hands with U.S. Secretary of State Marco Rubio while leaving a meeting at the presidential palace in Panama City, Panama, on Sunday.

Trump mentioned negotiations with Mexico would proceed, led on the U.S. aspect 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.

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