Washington DC -President Mexico’s Claudia Shainbaum and her US counter part Donald Trump announced a one -month suspension after wiping out the US tariffs threatened to export from Mexico. 。
Both leaders confirmed their agreement on social media posts on Monday the day before the customs duties would be enforced. Sheinbaum was the first person who wrote it on the platform X and revealed a suspension.
“We had a good conversation with President Trump with great respect for our relationship and sovereignty,” she said.
As a result of their debate, Mexico explained that “10,000 people will be bordered to 10,000 borders to prevent drug trafficking from Mexico to the United States.”
Sheinbaum added that the United States is working to prevent trafficking a powerful firearm in Mexico in return.
Following his own announcement, Trump explained the conversation with Shainbaum as “very friendly” and praised the development of the Mexican National Security Corps.
“These soldiers are specially designated to stop Fentanyl flow and stop the flow of illegal immigrants in our country,” Trump wrote. He did not mention the US efforts to stop the trafficking of guns to Mexico.
The suspension of tariffs is at least one of the brewed world trade wars that have been temporarily permeated by Trump.
During the bidding for re -election in 2024, Trump has greatly exercised to raise the tariffs of international goods coming to the United States as a means to strengthen domestic industries.
After the November victory, he announced a 25 % proposal in Mexico and Canada, two US top trading partners in the United States. He argued that strict measures were needed to crack down on unwritten immigration and drug smuggling beyond our borders.
However, economists say that this tariff may be the first salvation in the final trade war that could damage consumers around the United States and the world.
Immediately trade war
However, the announcement on Monday only delays only one of the customs duties set to start on Tuesday.
Canada is subject to 25 % tariffs, but Trump has shown that he will talk to Canadian Prime Minister Justin Trudeau in the second half of Monday. Trump also promises a 10 % increase in Chinese tariffs.
However, the threat of imported taxes on foreign goods has led to a brinking politics between the country.
For a few weeks, Mexico states that the United States is ready to pay retaliation, but the details are not explained.
On the other hand, Canada is much more clear about how to deal with Trump’s promised tariffs. Prime Minister Justin Dordeau said that his country would impose 25 % retaliation tariffs on US imports worth $ 100 billion.
“I want to talk directly with Americans,” said Tordeau on Saturday. “This is a choice to harm Canadians, but beyond that, it will give you a true result to the Americans. As I have said, tariffs on Canada are tariffs on Canada. Incuse your work. “
His government has announced a list of 1,256 US items, including major exports from states, which account for the majority of Trump voters. Includes Orange in Florida, Bourbon, Kentucky, and motorcycles made in Pennsylvania.
Customs risk
Mexico, Canada, and the US economy are deeply intertwined, and trade war is expected to be particularly intense in automobiles and agricultural industries. Experts have repeatedly warned that US consumers will ultimately rise in price.
Trump himself acknowledged in a true society that could have a domestic hit in the plan. His administration has a wide range of tariffs as a tool for Trump’s hard negotiation technology. Trump also states that such tariffs are needed to jump US industries.
“Do you have any pain? Yes, maybe (and maybe not!)”, And Trump posted on all uppercase on Sunday.
“But we will make the United States great again, and it is worth the price that we need to pay.”
In a subsequent post, Trump said that Canada gave up its sovereignty and could avoid US tariffs by becoming “our precious fifth state.”
Trump has campaigned to reduce the price of basic consumer goods and boost US industries for his second phase.
However, experts point out that the cost of spurning due to tariffs is often transferred to consumers at higher prices.
Pause of customs duties with Mexico for one month on Monday will be purchased at the time of negotiations in the country.
A report from Mexico City explained that the authorities, algora, are likely to hurt not only Mexico but also US companies, workers, and consumers.
“It’s clear that Mexico is a junior partner, but Canada, Mexico and the United States are currently integrated for about 30 years,” said Holman.
“Mexico has a supply chain with car manufacturing, and fruit and vegetables (about three -quarters of American vegetables are actually from Mexico, but not so easily released,” he said. Ta.
Holman added that Symbaum tried to appeal to other priority on Trump, including opposition to the increase in China’s influence in the world.
“She will send a message that like China should cooperate to cooperate in competing with other regions in the world,” he said.
Trump has shown that further negotiations with Mexico are already expected.
In the post on Monday, he is the U.S. Secretary of State, Secretary of State Malcio Rubio, Secretary of Finance Scott Bessent, and the Discussion of the Secretary of Commerce, Secretary of the Rutonic, “when the Secretary of Commerce of the Rystonic tries to achieve” trading “between the two countries. Was announced that it will lead.
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