U.S. President Donald Trump postponed planned tariffs against Mexico for one month after Mexican President Claudia Sheinbaum agreed to deploy 10,000 national guard members to the border to address drug trafficking. The agreement came after a phone call between the two leaders and averts a trade war escalation. Tariffs against Canada and China are still scheduled to take effect, though uncertainty remains about their long-term impact.
Josh Boak and Fabiola Sánchez, The Associated PressMexican President Claudia Sheinbaum gives a media briefing from the National Palace in Mexico City, Oct. 2, 2024, the morning after her inauguration.
The U.S. and Mexican leaders announced the pause after what Trump described on social media as a “very friendly conversation,” and he said he looked forward to the upcoming talks. As a condition ahead of the talks, Sheinbaum laid out changes in border policies, and Trump confirmed Mexico’s deployment of troops.
Trump used his social media post to repeat his complaints that Canada has been uncooperative, despite decades of friendship and partnerships that range from World War II to the response to the 9/11 terrorist attacks. But the outlook reflected a deep uncertainty about a Republican president who has talked with adoration about tariffs, even saying the U.S. government made a mistake in 1913 by switching to income taxes as its primary revenue source.
Kevin Hassett, director of the White House National Economic Council, said Monday that it was misleading to characterize the showdown as a trade war despite the planned retaliations and risk of escalation.
TRUMP SHEINBAUM TARIFFS MEXICO BORDER SECURITY DRUG TRAFFICKING
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