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Tariffs on Mexico and Canada Paused for One Month Under New Trade Deal Agreement

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The US President, Donald Trump, has agreed to pause the imposition of 25% tariffs on Mexico and Canada, which were set to take effect on Tuesday. This decision was made after Canadian Prime Minister Justin Trudeau and Mexican President Claudia Sheinbaum agreed to bolster border enforcement efforts, including deploying 10,000 troops to the border in the case of Mexico and implementing new technology and personnel along the border in the case of Canada. The pause is set to last for 30 days, during which time the countries will work together to prevent drug trafficking and organized crime.

    1. I just spoke with President Claudia Sheinbaum of Mexico. It was a very friendly conversation wherein she agreed to immediately supply 10,000 Mexican Soldiers on the Border separating Mexico and the United States. These soldiers will be specifically designated to stop the flow of fentanyl, and illegal migrants into our Country.
    2. I am very pleased with this initial outcome, and the Tariffs announced on Saturday will be paused for a 30 day period to see whether or not a final Economic deal with Canada can be structured. FAIRNESS FOR ALL!
    3. China hopefully is going to stop sending us fentanyl, and if they're not, the tariffs are going to go substantially higher.
    4. We may have short-term a little pain, and people understand that.
    5. Canada has agreed to ensure we have a secure northern border, and to finally end the deadly scourge of drugs like fentanyl that have been pouring into our country, killing hundreds of thousands of Americans, while destroying their families and communities all across our country.
    6. We pay hundreds of Billions of Dollars to SUBSIDIZE Canada. Why? There is no reason. We don't need anything they have. We have unlimited Energy, should make our own Cars, and have more Lumber than we can ever use.
    7. But long-term, the United States has been ripped off by virtually every country in the world.
    8. As President, it is my responsibility to ensure the safety of ALL Americans, and I am doing just that. I am very pleased with this initial outcome.
    1. For three days a lot of the far left has actively rooted against America and argued we'd get nothing out of President Trunp's demands that Mexico secure its country.
    1. And you saw President Sheinbaum already conceding in putting 10,000 troops, permanent troops, I would add, not temporary Mexican soldiers on the southern border to deter some of that illegal migration.
    1. Conservatives once united against new taxes. Taxing trade will mean less trade and higher prices.
    1. Biden inflation increased the input cost to farming by 20 per cent including particularly high prices on fertiliser. So I plead with President Trump to exempt potash from the tariff because family farmers get most of our potash from Canada.
    2. Certain tariffs will impose a significant burden on many families, manufacturers, the forest products industry, small businesses, lobstermen, and agricultural producers.
    1. If we are attacked in terms of trade, Europe – as a true power – will have to stand up for itself and therefore react.
    1. To the cartels, all options are on the table.
    2. We are going to get control of this border.
    1. We had a good conversation with President Trump with great respect for our relationship and sovereignty.
    2. We have this month to work and convince each other that this is the best way forward.
    3. Mexico will reinforce the northern border with 10,000 members of the National Guard immediately, to stop drug trafficking from Mexico to the United States, in particular fentanyl.
    4. They are pausing tariffs for one month from now.

Trump's tariffs

  1. US-EU Trade Relations in Question as Trump Announces New Tariff Threat
  2. Trump threatens 50% tariffs on EU and 25% on iPhones if not made in the US
  3. Donald Trump Orders Retailers to Absorb Tariffs, Rules Out Price Hikes for Consumers

sources

  1. 1.Al Jazeera
  2. 2.Le Monde
  3. 3.The Times of India
  4. 4.The Times
  5. 5.DW News
  6. 6.CTV News
  7. 7.El Paìs
  8. 8.BBC
  9. 9.South China Morning Post
  10. 10.The New York Times
  11. 11.ABC News (Australia)
  12. 12.The Washington Post

perspectives

  1. 1.US under Donald Trump
  2. 2.Chinese Foreign Policy
  3. 3.US-China Relations
  4. 4.Immigration to the US
  5. 5.US Economy
  6. 6.Inflation
  7. 7.Trade Agreement
  8. 8.World Economy
  9. 9.US-India relations
  10. 10.Mexico under Claudia Sheinbaum
  11. 11.US-EU relations
  12. 12.United States–Mexico–Canada Agreement

countries

  1. 1.CanadaCA
  2. 2.MexicoMX
  3. 3.United StatesUS
  4. 4.ChinaCN
  5. 5.ColombiaCO
  6. 6.GermanyDE
  7. 7.PanamaPA
  8. 8.UkraineUA
  9. 9.FranceFR
  10. 10.United KingdomGB
  11. 11.GreenlandGL
  12. 12.IndiaIN

organizations

  1. 1.White House
  2. 2.Truth Social
  3. 3.European Union
  4. 4.World Trade Organization
  5. 5.Republican Party
  6. 6.Starlink
  7. 7.National Economic Council
  8. 8.Paul Tsai China Center of Yale Law School
  9. 9.Tesla
  10. 10.Alphabet Inc
  11. 11.BNP Paribas
  12. 12.German Association of the Automotive Industry

persons

  1. 1.Donald TrumpUS
  2. 2.Justin TrudeauCA
  3. 3.Claudia SheinbaumMX
  4. 4.Elon MuskUS
  5. 5.Doug FordCA
  6. 6.Marco RubioUS
  7. 7.Xi JinpingCN
  8. 8.Karoline LeavittUS
  9. 9.Kevin HassettUS
  10. 10.Howard LutnickUS
  11. 11.James David VanceUS
  12. 12.Scott BessentUS

technicals

  1. 1.Oval Office
  2. 2.International Emergency Economic Powers Act
  3. 3.Mar-A-Lago Club
  4. 4.Pacific Ocean
  5. 5.Southern Border
  6. 6.United States–Mexico–Canada Agreement
  7. 7.Windsor Castle
  8. 8.Arctic
  9. 9.Department of Government Efficiency
  10. 10.Great Depression
  11. 11.Iraq War
  12. 12.Mexican Revolution