US Pres. Donald Trump on Monday agreed to pause the implementation of 25% tariffs on Mexican imports for one month following negotiations with Mexican Pres. Claudia Sheinbaum, who committed to deploying 10K National Guard troops to the US-Mexico border to combat drug trafficking and illegal migration. Likewise, Trump and Canadian Prime Minister Justin Trudeau separately announced a similar 30-day reprieve.
The agreements came hours before Trump's planned implementation of 25% tariffs on Mexico and Canada, along with 10% additional tariffs on China, which were scheduled to take effect Tuesday.
As part of the deals, the US committed to working on preventing the trafficking of high-powered weapons into Mexico, while Mexico focused on stopping the fentanyl flow into the US. Additionally, Trudeau stated that Canada had committed to appointing a "Fentynal Czar" as part of its border security commitments to the US.
Trump has claimed another negotiating victory that will secure the border and protect US citizens from the deadly fentanyl crisis while maintaining strong economic ties with Mexico and Canada. Trump's tariffs are proving to be effective in getting other countries to do the right things. This should put other nations on notice.
Trump has pulled another scam to make it seem like he won. Sheinbaum would be deploying troops to the border even without the tariff threat. It's more likely Trump saw the stock market drop and backed off the tariff threat in a panic. Hopefully, this gives the administration more time to consider how a tariff war will harm US consumers and its relationship with its neighbors.