U.S. and Mexico reach agreement to delay 25% tariff on all Mexican imports
The U.S. and Mexico reached an agreement Monday to delay a 25% tariff on all Mexican imports for one month, after Mexico agreed to ramp up security at its border — averting, at least for now, a move that could have driven up prices for U.S. consumers and stalled both countries' economies.
Mexican President Claudia Sheinbaum posted on social media that Mexico will immediately reinforce the northern border with 10,000 members of the its national guard to address drug trafficking from Mexico into the U.S., particularly fentanyl.
Trump said in his own post on social media that the U.S. will continue negotiations with Mexico over border security, headed by Secretary of State Marco Rubio, Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick.
Photo: Getty Images
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