(MENAFN- Live Mint) US President Donald trump shared on Truth Social that he had a productive conversation with Mexican President Claudia Sheinbaum, during which they agreed to pause the tariffs for one month to allow time for high-level negotiations.
Trump announced that Secretary of State Marco Rubio , Secretary of Treasury Scott Bessent, and Secretary of Commerce Howard Lutnick, along with Mexican officials, will lead the talks.
"... agreed to immediately pause the anticipated tariffs for a one month period during which we will have negotiations headed by Secretary of State Marco Rubio, Secretary of Treasury Scott Bessent, and Secretary of Commerce Howard Lutnick, and high-level Representatives of Mexico," Trump wrote.
Mexico earlier retaliated against Trump's tariff move
In response to US President Donald Trump's decision to impose a 25% tariff on imports from Mexico , Mexican President Claudia Sheinbaum had announced retaliatory tariffs on US goods. In a strong rebuttal to accusations made by President Trump , which suggested that Mexico was allied with drug trafficking groups, Sheinbaum fiercely denied the allegations. She described them as“slander,” emphasising Mexico's commitment to fighting drug trafficking and its efforts to secure its borders.
However, with high-level talks now set to take place, any immediate impact on tariffs from Mexico is on hold.
Key agreement on border security
Trump revealed that during their phone call, President Sheinbaum agreed to deploy 10,000 Mexican soldiers to the US-Mexico border . These troops will be specifically tasked with halting the flow of fentanyl and illegal migrants into the United States, signaling a significant step in enhancing border security.
Mexico President on talks over border security and trade
In a statement on X, Mexican President Claudia Sheinbaum outlined the results of her recent conversation with US President Trump, highlighting a series of agreements focused on addressing border security and trade issues.
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Sheinbaum announced that Mexico will immediately reinforce its northern border with 10,000 members of the National Guard. "Mexico will immediately reinforce the northern border with 10,000 members of the National Guard to prevent drug trafficking from Mexico to the United States, particularly fentanyl," Sheinbaum wrote, emphasising the importance of tackling the illegal drug trade.
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