After a dialogue with the Head of Government of Mexico City, Claudia Sheinbaum, the President of the United States, Donald Trump, has decided to temporarily suspend the imposition of tariffs of 25% aimed at Mexico. This pause in tariffs will last for one month and a working group focused on security and trade issues between both nations has been agreed upon.
As part of the agreed-upon deal, it has been confirmed that 10,000 National Guard troops will be sent to the border to work together with U.S. and Canadian authorities to prevent the passage of migrants and drugs. Additionally, Canada's commitment to consider certain organized crime gangs as terrorists, in line with measures taken by the United States, has been emphasized.
This approach has been well received by the Mexican private sector, resulting in a surge in financial markets. The business sector has applauded the suspension of tariffs, viewing it as a positive step for trade relations in the region.
It is expected that during this month of tariff truce, high-level working groups will be established to address security and other trade issues between Mexico, the United States, and Canada. This temporary agreement has generated a sense of relief and has opened the door to a deeper dialogue in search of long-term solutions to common challenges in the region.
