MEXICO CITY (AP) — Mexican President Claudia Sheinbaum announced on Monday that the United States decided to pause the application of the 25% general tariffs on Mexico for a month after reaching agreements on security matters.
Sheinbaum said in a message from her X account, previously Twitter, that after a phone conversation with President Donald Trump, it was decided to "pause tariffs for a month starting now."
The president indicated that as part of the commitments, Mexico committed to reinforcing the northern border with 10,000 National Guard members immediately to prevent drug trafficking to the United States, particularly fentanyl.
On its part, the United States committed to working to prevent the trafficking of high-powered weapons to Mexico.
What will happen now with Canada?
The agreement comes after Trump announced on Saturday 25% across-the-board tariffs for Mexican imports and most products coming from Canada, as well as a 10% rate for Canadian oil. Additionally, he agreed to a 10% tax on Chinese imports.
Through social media, the President of the United States ratified the agreement and stated that "we have agreed to immediately suspend the tariffs planned for a period of one month during which we will have negotiations led by Secretary of State Marco Rubio, Treasury Secretary Scott Bessent, and Commerce Secretary Howard Lutnick, along with high-level representatives from Mexico. I look forward to participating in these negotiations with President Sheinbaum, as we seek to achieve an agreement between our two countries.
After being informed of this temporary agreement, the Mexican peso began to recover after experiencing a drop due to the increase in import tariffs.
According to the New York Times, the President of the United States also had a conversation this morning with Canadian Prime Minister Justin Trudeau, but no agreement similar to that with Mexico was reached. Both leaders will talk again later this Monday afternoon.
Trump has insisted in the last few hours that the United States should annex Canada and become the 51st state. “We pay hundreds of billions of dollars to SUBSIDIZE Canada. Why? There is no reason...Without this massive subsidy, Canada ceases to exist as a viable country. Tough but true! Therefore, Canada should become our beloved 51st state,” he wrote on Sunday on his Truth Social network.
In response, Canadian fans have booed the United States national anthem at NBA and NHL sporting events.