In a major development, Mexican President Claudia Sheinbaum and US President Donald Trump have agreed to temporarily stop the US sweeping invoices to Mexico’s exports, delaying their application for a month. The announcement came just hours before the start of the invoices, with the two leaders confirming the agreement on social media platforms.
Sheinbaum, the first to reveal the decision, praised the “good debate” with Trump, with an emphasis on mutual respect for the sovereignty of the two nations. Under the agreement, Mexico will deploy 10,000 troops of the National Guard on its northern borders to combat drug trafficking in the United States. In return, Sheinbaum emphasized that the US will work to reduce high -power firearms in Mexico, which fueled organized crime in the country.
Trump, in place of the truth social, characterized the talk with Sheinbaum as “very friendly” and reiterated that Mexican troops would focus on limiting the flow of fentanyl and illegal US immigrants who did not mention any action to prevent Mexico firearms.
This agreement temporarily diffuses an aspect of the scalable global commercial tensions stirred by Trump’s re -election offer, which campaigned to increase invoices for international goods entered into the US, including 25% invoices in Mexico and Canada , arguing that invoices were essential to deal with non -documents and drug smuggling at the US border.
Price delays and ongoing commercial tensions
While this pause on invoices is aimed at a front of the Brewery Commercial War, it does not resolve the threat of 25% invoices in Canada, which remains in force. Trump also marked ongoing discussions with Canadian Prime Minister Justin Trudeau, with China also facing 10%duty increases.
Canada was particularly vocal in his response, with Prime Minister Trudeau warning of counterparts in US $ 105 billion imports. He reported potential damage to both Canadians and American workers, especially for basic products such as Florida’s oranges, Kentucky Bourbon and Pennsylvania motorcycles.
The interrelated economies of Mexico, Canada and the US are particularly vulnerable to the impact of a complete trade war, especially in industries such as the automotive industry and agriculture. Experts have warned that US consumers could carry the main weight of the highest prices resulting from these invoices.
Despite the dangers, Trump has frames invoices as a necessary measure to “make America great again”, recognizing the possibilities for domestic upbringing.
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