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- Tariffs on Mexico and Canada Paused for One Month Under New Trade Deal Agreement
Tariffs on Mexico and Canada Paused for One Month Under New Trade Deal Agreement
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The US President, Donald Trump, has agreed to pause the imposition of 25% tariffs on Mexico and Canada, which were set to take effect on Tuesday. This decision was made after Canadian Prime Minister Justin Trudeau and Mexican President Claudia Sheinbaum agreed to bolster border enforcement efforts, including deploying 10,000 troops to the border in the case of Mexico and implementing new technology and personnel along the border in the case of Canada. The pause is set to last for 30 days, during which time the countries will work together to prevent drug trafficking and organized crime.
It's becoming very clear that to build resiliency for Canada in this increasingly turbulent world, it means actually lessening our dependency on our southern neighbour.
In America's darkest hours, Canada has always been there.
This is a choice that, yes, will harm Canadians, but beyond that, it will have real consequences for you, the American people. As I have consistently said, tariffs against Canada will put your jobs at risk.
We'll be ripping up the province's contract with Starlink. Ontario won't do business with people hellbent on destroying our economy.
US-based businesses will now lose out on tens of billions of dollars in new revenues. They only have President Trump to blame.
Whether it's tomorrow, in a month or a year from now when we're renegotiating the United States-Mexico-Canada Agreement, President Trump will continue to use the threat of tariffs to get what he wants.
Canada didn't start this fight with the US, but you better believe we're ready to win it.
If we are attacked in terms of trade, Europe – as a true power – will have to stand up for itself and therefore react.
As Juarez would say: 'Never with force; always with reason and law.'
We had a good conversation with President Trump with great respect for our relationship and sovereignty.
We have this month to work and convince each other that this is the best way forward.
Mexico will reinforce the northern border with 10,000 members of the National Guard immediately, to stop drug trafficking from Mexico to the United States, in particular fentanyl.
They are pausing tariffs for one month from now.
Conservatives once united against new taxes. Taxing trade will mean less trade and higher prices.
And you saw President Sheinbaum already conceding in putting 10,000 troops, permanent troops, I would add, not temporary Mexican soldiers on the southern border to deter some of that illegal migration.
Trump's tariffs
- Donald Trump Announces 90-Day Tariff Reduction with China
- US and China Reach New Agreement on Tariffs After Ongoing Trade Negotiations in Geneva
- Donald Trump Proposes Significant Reduction in China Tariffs Amid Ongoing Trade Negotiations
sources
- 1.CTV News
- 2.Al Jazeera
- 3.DW News
- 4.The New York Times
- 5.El Paìs
- 6.The Times of India
- 7.ABC News (Australia)
- 8.BBC
- 9.South China Morning Post
- 10.Le Monde
- 11.The Times
- 12.The Washington Post
perspectives
- 1.US under Donald Trump
- 2.Chinese Foreign Policy
- 3.US-China Relations
- 4.Immigration to the US
- 5.US Economy
- 6.Inflation
- 7.Trade Agreement
- 8.World Economy
- 9.US-India relations
- 10.Mexico under Claudia Sheinbaum
- 11.US-EU relations
- 12.United States–Mexico–Canada Agreement
countries
- 1.Argentina
- 2.Brazil
- 3.Canada
- 4.China
- 5.Colombia
- 6.Cuba
- 7.Germany
- 8.Denmark
- 9.Spain
- 10.France
- 11.United Kingdom
- 12.Greenland
organizations
- 1.White House
- 2.Truth Social
- 3.European Union
- 4.World Trade Organization
- 5.Republican Party
- 6.Starlink
- 7.National Economic Council
- 8.Paul Tsai China Center of Yale Law School
- 9.Tesla
- 10.Alphabet Inc
- 11.BNP Paribas
- 12.German Association of the Automotive Industry
persons
- 1.Donald Trump
- 2.Justin Trudeau
- 3.Claudia Sheinbaum
- 4.Elon Musk
- 5.Doug Ford
- 6.Marco Rubio
- 7.Xi Jinping
- 8.Karoline Leavitt
- 9.Kevin Hassett
- 10.Howard Lutnick
- 11.James David Vance
- 12.Scott Bessent