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Image: iStock/wildpixel
President Donald Trump has confirmed an "immediate pause" in anticipated tariffs on goods from Mexico via a post on Truth Social.
"We [...] agreed to immediately pause the anticipated tariffs for a one-month period during which we will have negotiations 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 wrote.
According to BBC News, at a news conference on the morning of February 3, Mexican President Claudia Sheinbaum said that, during a “long” conversation with Trump that morning, they agreed that the U.S. will delay imposing 25% tariffs on goods from Mexico for a month. The tariffs were due to come into effect February 4.
Sheinbaum explained how the looming prospect of tariffs brought together a wide cross-section of Mexican society, including state governors, chambers of commerce, lawmakers and industry.
But some of the support, she noted, also came from U.S. companies. "Many of them came out to say that this is not suitable," she said. "All of that helped bring along the agreement that we came to today."
Sheinbaum's concessions to Trump include a commitment that Mexico will reinforce the border with 10,000 National Guard troops, deployed immediately, and tasked with preventing drugs, especially fentanyl, crossing the Mexico-U.S. border.
The status of tariffs on imports from Canada, also at 25%, and China, at 10%, remain unclear.
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