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U.S. tariffs on Mexico to be paused for a month, Trump says (www.reuters.com)

submitted 2 weeks ago* (last edited 2 weeks ago) by [email protected] to c/world

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U.S. President Donald Trump will pause new tariffs on Mexico for one month after Mexico agreed to reinforce its northern border with 10,000 National Guard members to stem the flow of illegal drugs, particularly fentanyl, he said on Monday on social media.

Mexican President Claudia Sheinbaum said the agreement also includes a U.S. commitment to act to prevent trafficking of high-powered weapons to Mexico. The two leaders spoke by phone on Monday, just hours before U.S. tariffs on Mexico, China and Canada were set to take effect.

The two counties will use the month-long pause to engage in further negotiations, Trump said.

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[–] [email protected] -2 points 2 weeks ago (3 children)

It made them seem weak, but also they still get to pay tariffs in a month

[–] Kaput 12 points 2 weeks ago (2 children)

Mexico doesn't pay the tarrifs, Americans will pay the tarrif. It's just a fancy word for tax. Call it import tax, Trump import tax. Do you see it ? It's meant to make US made more attractive by making imports more expensive. It also make Trump a very unreliable partner. Flip flopping all over the place.

[–] [email protected] 6 points 2 weeks ago (1 children)

I'm an idiot, thanks for the clarification

[–] Kaput 7 points 2 weeks ago

An idiot would've argued back without verifying. So not an idiot.

[–] Lightor 1 points 2 weeks ago* (last edited 2 weeks ago) (1 children)

I'm a round about way it does hurt them though, I would assume. Which would make sense on why they don't want it. Just trying to play it out in my head I'd think, ok company X pays more for copper, so they need to charge more. Which means less will probably be purchased, so they in turn order less copper from Mexico due to reduced demand from price sensitivity. So I think it will hurt them eventually.

[–] Kaput 1 points 2 weeks ago

Of course it also hurt Mexico and Canada, it's the goal to slow down their economies.

[–] aseriesoftubes 2 points 2 weeks ago

Hopefully Sheinbaum told Trump that she’d send the troops to the border ahorita.

[–] P00ptart 2 points 2 weeks ago

Suddenly America is flooded with fentanyl disguised as every random pill you can imagine. The fear of medicine becomes as deadly as the fentanyl.