1. Donald Trump pauses tariffs on Mexico for one month
Donald Trump pauses tariffs on Mexico for one month ByHT News Desk Feb 03, 2025 09:29 PM IST Share Via Copy Link Donald Trump, in a social media post, said that negotiations would continue to reach a "deal" between the two countries.
United States President Donald Trump has agreed to "pause" the tariffs on Mexican goods for one month.
US President Donald Trump has levied tariffs on China, Mexico and Canada(Al Drago/Bloomberg)
Trump, in a social media post, said that negotiations would continue to reach a "deal" between the two countries. The announcement was made after Trump held talks with his Mexican counterpart Claudia Sheinbaum.
Sheinbaum also confirmed that development, saying that Mexico and the US will start working on security and commerce.
"Our teams will start working today in two areas: security and commerce," Sheinbaum wrote in a post on X.
As part of a series of agreements, Mexico will deploy 10,000 members of the National Guard along the border with the United States to fight drug trafficking, she added.
US President Donald Trump on February 1 announced tariffs on major US trading partners Canada, Mexico and China. Trump imposed a 25 per cent tariff on Canadian and Mexican imports and a 10 per cent on goods from China.
The White House has said that President Donald Trump was taking “bold action” to hold Mexico, Canada, and China accountable for their promises of halting illegal immigration and stopping poisonous fentanyl and other drugs from flowing into our country.
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