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Trump and Mexico’s president say tariffs will be delayed for one month after talk

Posted on February 3, 2025February 3, 2025 by admin

Claudia Sheinbaum and Donald Trump posted about the deal on social media. Sheinbaum said she’d be sending the National Guard to the U.S. border to prevent drug trafficking.

The U.S. and Mexico reached an agreement Monday to delay a 25% tariff on all Mexican imports for one month, after Mexico agreed to ramp up security at its border — averting, at least for now, a move that could have driven up prices for U.S. consumers and stalled both countries’ economies.

Mexican President Claudia Sheinbaum posted on social media that Mexico will immediately reinforce the northern border with 10,000 members of the its National Guard to address drug trafficking from Mexico into the U.S., particularly fentanyl.

Trump said in his own post on social media that the U.S. will continue negotiations with Mexico over border security, headed by Secretary of State Marco Rubio, Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick.

The move came after Trump signed an executive order Saturday to place a 25% tariff on nearly all goods coming into the U.S. from Canada and Mexico starting on Tuesday. Trump also placed a 10% tariff on all Chinese imports and took steps to close a loophole that allows Chinese e-commerce companies like Temu and Shein to avoid tariffs by shipping packages worth less than $800 into the U.S. duty free.

The move triggered retaliatory tariffs from Canada, and Mexico had threatened to do the same. China said it will challenge the tariffs at the World Trade Organization and take unspecified “countermeasures” in response.

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