US And Mexico Delay Tariffs, Focus On Border Security

Canadian Prime Minister Justin Trudeau addresses media members after U.S. President Donald Trump signed an order to impose stiff tariffs on imports from Mexico, Canada and China, in Ottawa, Canada, Sa

U.S. President Donald Trump and Mexican President Claudia Sheinbaum have announced a one-month delay on planned tariffs to allow for further negotiations. The decision comes after Mexico agreed to deploy 10,000 National Guard members to its northern border to combat drug trafficking, particularly the flow of fentanyl into the United States.

While tariffs against Canada and China are still set to take effect, Trump's tariffs on Mexican imports have been put on hold. The news has provided some relief to Wall Street, with the stock market showing signs of recovery after the announcement.

Mexico to deploy 10,000 National Guard members to northern border.

Tariffs on Mexican imports postponed, while those on Canada and China remain.

Focus on curbing drug trafficking, particularly fentanyl flow into the U.S.

Wall Street shows signs of recovery post-announcement.

President Sheinbaum revealed that discussions between the two leaders have been ongoing since Friday, culminating in a phone call on Monday morning. Both countries have committed to addressing security and trade issues moving forward, with a focus on curbing the trafficking of weapons into Mexico.

Trump and Sheinbaum spoke for over half an hour, with the Mexican President suggesting a permanent pause on tariffs, to which Trump proposed a one-month delay to assess progress. The agreement marks a significant step in averting a potential trade war between the two nations.