Washington — President Trump introduced he’s pausing U.S. tariffs focusing 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 stream of fentanyl and migrants.
Mr. Trump wrote on Fact Social on Monday that he and Mexican President Claudia Sheinbaum “agreed to instantly pause the anticipated tariffs for a one month interval.” The pause, he stated, 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 during which she “agreed to instantly provide 10,000 Mexican Troopers on the Border separating Mexico and america.”
“These troopers will likely be particularly designated to cease the stream of fentanyl, and unlawful migrants into our Nation,” Mr. Trump wrote.
Sheinbaum unveiled the main points of the deal in an earlier publish 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 present 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, significantly fentanyl.”
On Saturday, Mr. Trump signed orders imposing a 25% tariff on imports from Mexico and Canada on Saturday, at the side of 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 might drive up costs for client items. Mexico and Canada each stated they might problem retaliatory tariffs on U.S. imports, elevating fears of a commerce battle that might stifle financial exercise 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, instructed CNBC that there have been “constructive conversations which have occurred over the weekend, and there are constructive conversations which might be going to occur between the leaders of those international locations, you recognize, over the subsequent hours.”
“President Trump will then see what folks have to supply after which make the decision,” Hassett stated.
Mr. Trump posted earlier Monday that he spoke to Canadian Prime Minister Justin Trudeau in a telephone name Monday morning and would accomplish that once more within the afternoon.
