Trump Halts Tariffs on Mexico for a Month Following the Border Soldiers Agreement.

(VOR News) – On Monday, U.S. President Donald Trump announced that the 25% tariffs on Mexican imports would be provisionally suspended.

These levies are applicable to products imported from Mexico. This decision was the result of an accord between the U.S. administration and the Mexican president to promptly deploy 10,000 troops to the U.S. border in order to halt drug trafficking from Mexico.

Trump tweeted, “We’ll negotiate tariffs over the holiday.”

The president issued that message. The post was accessible during the interval. Additionally, the report indicated that the negotiations will be under the supervision of Secretary of Commerce Howard Lutnick, Secretary of State Marco Rubio, and Secretary of Treasury Scott Besent.

The senior Mexican delegation will receive assistance from these officials. Furthermore, he expressed his enthusiasm for the discussions with Mexican President Claudia Sheinbaum, stating, “I am eager to pursue a ‘deal’ between our two countries.”

He expressed his enthusiasm for participating in the discussions. In addition, he conveyed his enthusiasm for the opportunity to engage in negotiations. The announcement was made twenty-four hours after President Trump imposed a ten percent tariff on Chinese imports and a twenty-five percent tariff on imports from Canada and Mexico. The responsibilities were executed concurrently.

Over the weekend, Sheinbaum pledged to implement non-tariff measures in conjunction with retaliatory tariffs on U.S. products. Nevertheless, he did not furnish any information regarding the rate at which the tariffs are being implemented.

In response to the tariffs that President Trump had proposed earlier that day, Canadian Prime Minister Justin Trudeau announced late Saturday night that Canada would impose a 25% tax on over $155 billion in U.S.-imported products.

This action was taken in response to tariffs that President Trump announced. On this basis, a form of reprisal was engaged in. The Chinese government announced in a statement that it would contest the tariffs at the World Trade Organization (WTO).

The statement that taxes on Mexican imports would be temporarily suspended was the catalyst for the most significant losses experienced by U.S. markets, which opened Monday down. This announcement resulted in the preponderance of their losses.

Prior to the announcement that the postponement would be implemented, Trump and Sheinbaum engaged in a conversation on Monday morning. The discussion occurred prior to the report’s public dissemination.

He and Sheinbaum both assert that the Mexican National Guard members she is dispatching to the U.S. border are there to combat Mexican drug trafficking, particularly the lethal opioid fentanyl. She is transmitting this target to the boundary. In order to accomplish this, she dispatched it to the frontier.

In addition, Trump stated in a separate letter that the Mexican military will strive to achieve the goal of decreasing the number of “migrants into our country.”

Mexican Tariffs received this transmission.

Sheinbaum initially disclosed that the tariffs imposed on Mexico had been suspended in a post on the social media platform X.

Sheinbaum claimed in the post, which was translated from Spanish, that “We engaged in a constructive dialogue with President Trump, demonstrating profound respect for our relationship and sovereignty; we established a series of agreements.”

Sheinbaum stated, “We reached a number of agreements.” “We executed this with profound respect for our relationship and autonomy.” “We established a series of agreements.”

Furthermore, she declared that “the United States of America is committed to the prevention of the trafficking of high-powered weapons to Latin America.” The preceding statement was followed by this one.

Trump did not commit to halting the weapons transfer during his conversation with Sheinbaum in his essay on Truth Social. He did not make any such assurance.

During a press conference on Monday morning, Sheinbaum was inquired as to whether her conversation with President Trump encompassed immigration and deportations from the United States.

“They will always have our support and protection,” we assured one another, and we meant it. Sheinbaum maintained an unwavering demeanor throughout the meeting.

Mexican officials are “diligently striving to advocate for our Mexican compatriots” in their conversations with the Secretary of State of the US Department of State, according to her. This was stated concurrently with the preceding assertion.

SOURCE: CNBC

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