Trump delays imposed trade levies on Mexico for a month.
Revised Article:
In a sudden twist, Prez Donald Trump has decided to put the brakes on imposing 25% tariffs on Mexican goods for a whole month. This surprise move comes after a yack with his Mexican counterpart, Claudia Sheinbaum. In exchange for this break, Mexico has agreed to deploy up to 10,000 troops from their National Guard to their northern border to combat drug trafficking, particularly fentanyl, and prevent unauthorized immigration.
Kicking off the news cycle, Trump announced the commercial decision on his social media, stating that Mexico has agreed to step up border security. Previous to this, Sheinbaum had announced that following their telephone conversation with Trump, she had secured his commitment to work on this matter. Moreover, the Trump Administration pledged to take action against arms trafficking towards Mexico.
This one-month tariff pause allows both countries to engage in negotiations led by their top diplomatic and commercial authorities. Trump himself has shown enthusiasm to join these talks. Sheinbaum clarified during the conversation that Trump expressed his worry about the "trade deficit" between the United States and Mexico, which she explained is the result of being commercial partners.
Though Sheinbaum didn't mention any in-person meeting with Trump, both leaders have promised to keep in touch, especially during this "working month." The US Administration has also been considering imposing 25% tariffs on goods coming from Canada, along with 10% tariffs on Chinese goods to boost the US national economy.
Trump had scheduled phone discussions with Sheinbaum and Canadian Prime Minister Justin Trudeau for Monday to sort things out after the tariff threat. He was reported saying, "I don't expect anything too dramatic. They owe us a lot of money, and I'm sure they'll pay."
Unlike certain countries, Mexico benefits from the United States-Mexico-Canada Agreement (USMCA), which provides preferential treatment to goods wholly grown, produced, or manufactured in Mexico, currently facing a 0% tariff. Historically, tariffs on Mexican goods have been subject to broader trade policies and diplomatic relations, with any pause generally aiming to maintain good trade relations and USMCA compliance.
Interesting Fact: Did you know that aside from this sitch, the US has had a long history of imposing and lifting tariffs on various goods from different countries for reasons related to trade policies and diplomatic relations? Keep your eyes peeled for more updates on international trade and diplomacy!
Related Topics:
- Donald Trump
- Claudia Sheinbaum
- United States
- Mexico
- Trade tariffs
- Trump Administration
- National Guard
- Drug trafficking
- International trade
- Border security
- EUROPAPRESS
- The Trump Administration's policy-and-legislation decision to pause 25% tariffs on Mexican goods for a month is part of war-and-conflicts negotiations, as Mexico has committed to deploy their National Guard troops to combat fentanyl trafficking and prevent unauthorized immigration on their northern border.
- In addition to this move, the Trump Administration has shown a commitment to address arms trafficking towards Mexico, signifying yet another point of engagement in the realm of politics and international trade.
- Kim (presumably referring to President Trump) and his Mexican counterpart, Claudia Sheinbaum, have agreed to keep in touch throughout the "working month," with potential consequences for tariffs on goods coming from Canada and China.
- The surprising development in the tariff saga has sparked general-news debates about the role of tariffs in war-and-conflicts negotiation tactics, revealing the intricate interplay between politics and legislation.
- It's noteworthy that, historically, tariffs on various goods from different countries have been adjusted based on trade policies and diplomatic relations, highlighting their significance in maintaining good relations during war-and-conflicts and policy-and-legislation discussions.
