The U.S. and Mexico have reached an agreement to delay a 25% tariff on Mexican imports for one month, as Mexico has agreed to increase security at its border to prevent drug trafficking into the U.S. President Sheinbaum announced the reinforcement of the northern border with 10,000 national guard members to combat drug trafficking, particularly fentanyl. Negotiations on border security will continue between the U.S. and Mexico. Trump had initially signed an executive order for tariffs on goods from Canada and Mexico, triggering retaliatory tariffs from Canada. The tariffs could raise prices in the U.S. and lead to an economic slowdown. Trump had previously threatened tariffs on Mexico, but backed away when Mexico agreed to deploy national guards to crack down on immigration. Trump also discussed tariffs with Canadian Prime Minister Trudeau, who announced retaliatory tariffs on U.S. goods. The White House stated the tariffs were a response to the flow of fentanyl and immigrants from Canada and Mexico. However, Trump’s social media posts suggested a different rationale, such as addressing the trade deficit and pressuring Canada to join the U.S. on trade. Administration officials clarified that the tariffs were focused on drug and immigration issues, not a trade war. The intention of the tariffs and steps for lifting them have been unclear, with mixed messages from the administration.
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