BREAKING NEWS: President Trump pauses tariffs after striking deal with Mexico
According to CNBC's article, "The announcement of the pause came two days after Trump slapped 25% tariffs on goods from Mexico and Canada, as well as a 10% tariff on goods imported from China. Trump said there will be negotiations on tariffs between Mexican officials and Secretary of State Marco Rubio, Secretary of Treasury Scott Bessent, and Secretary of Commerce Howard Lutnick."
The article continues with this information:
A pause has been hit in the tariff threat against Mexico. Just minutes ago, President Trump announced that he had "paused for a month a new 25% tariff on goods entering the United States from Mexico after Mexican President Claudia Sheinbaum agreed to immediately send 10,000 soldiers to her country’s border to prevent trafficking of fentanyl and other drugs." President Trump insisted on getting protections for Americans against the scourge of fentanyl. With this agreement now in the process of getting implemented, a pause is definitely in order.Getting MSNBC to report fairly on this breaking news is newsworthy by itself. Check this out: This now leaves the question as to whether Canadian Prime Minister Trudeau will simmilarly agree to a deal with President. That's now a much more realistic possibility now that Mexico has reached a security deal. Further, President Trump has already dropped the tariff to 10 on oil imports from Canada into the U.S. This must have Mexican President Scheinbaum happy:According to CNBC's article, "The announcement of the pause came two days after Trump slapped 25% tariffs on goods from Mexico and Canada, as well as a 10% tariff on goods imported from China. Trump said there will be negotiations on tariffs between Mexican officials and Secretary of State Marco Rubio, Secretary of Treasury Scott Bessent, and Secretary of Commerce Howard Lutnick."
— Donald J. Trump (@realDonaldTrump) February 3, 2025How can't you be happy after avoiding a major disaster? A trade war with the U.S. was never in Mexico's best interest.
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