Trump pauses Mexico tariffs for one month after agreement on border troops

Authored by cnbc.com and submitted by Alarmed_Mistake_9999

Mexico's President Claudia Sheinbaum gestures as she speaks about U.S. President Donald Trump's policies during a press conference at the National Palace, in Mexico City, Mexico January 21, 2025. REUTERS/Henry Romero

President Donald Trump on Monday said he is pausing for one month his new 25% tariffs on goods imported from Mexico after that country's president agreed to immediately send 10,000 soldiers to the U.S. border to prevent drug trafficking from Mexico.

Trump in a social media post said that during the pause "we will have negotiations" on the tariffs "headed by Secretary of State Marco Rubio, Secretary of Treasury Scott Bessent, and Secretary of Commerce Howard Lutnick, and high-level Representatives of Mexico."

He also said "I look forward to participating in those negotiations" with Mexico President Claudia Sheinbaum "as we attempt to achieve a 'deal' between our two Countries."

The announcement came two days after Trump slapped 25% tariffs on goods from Mexico and Canada, and 10% tariffs on goods imported from China.

Sheinbaum over the weekend threatened retaliatory tariffs on goods imported from the United States, and nontariff measures, but had not disclosed the rate for the tariffs.

Lukthar123 on February 3rd, 2025 at 16:12 UTC »

This is one hell of a comment section.

BigHeadDeadass on February 3rd, 2025 at 16:10 UTC »

I loved mixed and ambiguous messaging from my government, I love being in the dark about policy

gmoney160 on February 3rd, 2025 at 15:56 UTC »

So......Canada?