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Donald Trump agrees to stop tariffs on Mexico

Donald Trump agrees to stop tariffs on Mexico

The United States and Mexico have said that planned rates are waiting for a month to give time for additional negotiations, and Mexico said it plans to deploy 10,000 members of its national guard to address drug trafficking on the border.

The president of the United States, Donald Trump, and Mexican leader Claudia Sheinbaum announced the measure after what Trump described as a “very friendly conversation”, and said he waited for the next conversations.

GE said the conversations would be headed by Secretary of State Marco Rubio, Treasury Secretary Scott Besent and Commerce Secretary Howard Lutnick, and high -level representatives of Mexico.

“I hope to participate in these negotiations, with President Sheinbaum, while trying to achieve an” agreement “between our two countries,” the president wrote on social networks.

Claudia Sheinbaum
Claudia Sheinbaum (Marco Ugarte/AP)

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

“The United States undertakes to work to stop high -power arms trafficking to Mexico.”

The Mexican president added that the two countries will continue conversations about security and trade and that “tariffs stop for a month from now on.”

Trump’s tariffs against Canada and China are still scheduled to enter into force on Tuesday. Uncertainty remains the durability of any agreement and if tariffs are an omen of a broader commercial war, since it has promised more import taxes to come.

He published on the social networks that he had spoken Monday morning with Canadian Prime Minister Justin Trudeau and “would be talking to him again.” Both Canada and Mexico had plans to impose their own tariffs in response to the actions of the United States, but Mexico is waiting for the moment.

Trump used his publication on Monday on social networks to repeat his complaints that Canada has not been cooperative, despite the decades of friendship and associations ranging from World War II to the response to terrorist attacks of September 11 to The United States.

Donald Trump with Canadian Prime Minister Justin Trudeau
Donald Trump with Canadian Prime Minister Justin Trudeau (Frank Augstein/AP)

Financial markets, companies and consumers are preparing for the impact of new rates that also include an import tax against China.

Stock markets are established for a modest liquidation, which suggests some hope that import taxes that could increase inflation and interrupt trade and global growth would be shortly.

But perspectives reflected a deep uncertainty about a president who is very interesting tariffs, even saying that the United States government made an error in 1913 by changing income taxes as its main source of income.

Trump said Sunday that tariffs would rise if Canada and Mexico did more to take energetic measures against illegal immigration and fentanyl smuggling, although there are no clear reference points.

He also said that the United States can no longer execute a commercial imbalance with its two largest commercial partners.

Mexico faces a 25% rate, while Canada would be charged 25% in imports to the US and 10% in its energy products.

Beijing faces an additional 10% rate due to its role in the creation and sale of fentanyl, said the White House.

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