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Trump and Mexico’s president reach deal to delay tariffs

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  • President Donald Trump and Mexican President Claudia Sheinbaum reached a deal to pause tariffs on goods from Mexico. The delay will last a month while the two sides negotiate.
  • The agreement was reached Monday, Feb. 3, ahead of tariffs that were set to take effect Tuesday, Feb. 4.
  • The status of Trump’s proposed tariffs on Canada is still being discussed.

President Donald Trump announced a month-long pause for tariffs on Mexico. The decision came following agreements on trade and security between Trump and Mexican President Claudia Sheinbaum.

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Trump posted about the deal to Truth Social Monday, Feb. 3. He said Mexico will put 10,000 National Guard members at the U.S.-Mexico border to stop the flow of fentanyl and undocumented migrants into the U.S.

What did Sheinbaum say about her call with Trump?

Sheinbaum addressed her call with Trump and referenced drug trafficking in post to X. She also noted the U.S. will work to prevent high-powered weapons from being trafficked to Mexico.

The 25% tariffs toward Mexico were scheduled to start Tuesday, Feb. 4 along with 25% tariffs on goods from Canada and 10% tariffs on goods from China.

Where does Canada stand with Trump?

As Trump and Sheinbaum made a deal, Canada’s Prime Minister Justin Trudeau also had a call with Trump early Monday. Trudeau’s office told CBC News they talked about trade and the border.

President Trump posted to Truth Social about his call with Trudeau and said they’re scheduled to talk again Monday afternoon. He also criticized him for not allowing U.S. banks to open or do business in Canada, on top of mentioning deaths in the U.S. from drugs going past the Canadian and Mexican borders.

According to the U.S. Customs and Border Patrol Protection, around 42 pounds of fentanyl were seized at the northern border in 2024, compared to around 21,000 pounds at the southwestern border. 

Trudeau announced his own retaliatory tariffs on U.S. goods Saturday, Feb. 1. He released a list of 155 billion Canadian dollars ($106 billion) of American goods that will face 25% tariffs if Trump follows through with his tariffs on Canada. 

“Part of what this council has been doing is pulling together perspectives from across industries, from across different parts of the country to make sure that anything we do will be fair right across the country,” Trudeau said. “That all Canadians will share in the job of standing up for our interests and, quite frankly, standing up to defend the most successful trading relationship in the world.”

Canada sends 75% of all its goods and services exports to the U.S. and Trudeau said the economy would be badly hit by Trump’s promised tariffs.

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[Simone Del Rosario]

PRESIDENT DONALD TRUMP IS SWITCHING GEARS ON HIS MEXICO TARIFF POLICY. HOURS BEFORE IT WAS SET TO TAKE EFFECT, THE PRESIDENT PRESSED PAUSE ON THE 25% LEVY … AT LEAST FOR NOW. 

HIS DECISION COMES AFTER REACHING A DEAL WITH MEXICAN PRESIDENT CLAUDIA SHEINBAUM.

TRUMP POSTED ABOUT IT ON TRUTH SOCIAL MONDAY … SAYING MEXICO WILL SEND 10 THOUSAND SOLDIERS TO THE U-S MEXICO BORDER TO STOP THE FLOW OF FENTANYL AND MIGRANTS.

SHEINBAUM’S VERSION OF EVENTS ONLY ADDRESSES DRUG TRAFFICKING … AND SHE NOTES THE U-S WILL WORK TO PREVENT HIGH-POWERED WEAPONS FROM BEING TRAFFICKED TO MEXICO.

THE 25 PERCENT TARIFF ON MEXICO’S PRODUCTS WAS SCHEDULED TO START TUESDAY … ALONG WITH 25 PERCENT TARIFFS ON GOODS FROM CANADA AND 10 PERCENT TARIFFS ON GOODS FROM CHINA.

AS TRUMP AND SHEINBAUM MAKE A DEAL … CANADA’S PRIME MINISTER JUSTIN TRUDEAU ALSO HAD A CALL WITH TRUMP EARLY MONDAY … 

TRUDEAU’S OFFICE TOLD C-B-C NEWS THEY TALKED ABOUT TRADE AND THE BORDER.

TRUMP SAID ON TRUTH SOCIAL THEY’RE SCHEDULED TO TALK *AGAIN* MONDAY AFTERNOON … HE ALSO TARGETED CANADA’S RELATIONSHIP WITH U-S BANKS … ON TOP OF MENTIONING THE U-S DEATHS FROM DRUGS ORIGINATING ACROSS THE BORDER.

ACCORDING TO U-S CUSTOMS AND BORDER PROTECTION  … THEY SEIZED 43 POUNDS OF FENTANYL ON THE NORTHERN BORDER IN FISCAL YEAR 2024, COMPARED TO 21-THOUSAND POUNDS FROM THE SOUTHERN BORDER. 

TRUDEAU ANNOUNCED HIS OWN RETALIATORY TARIFFS ON U-S GOODS SATURDAY. HE RELEASED A LIST OF 155 BILLION DOLLARS WORTH OF AMERICAN GOODS THAT WILL FACE 25 PERCENT TARIFFS IF TRUMP FOLLOWS THROUGH WITH HIS TARIFFS ON CANADA. 

“Part of what this council has been doing is pulling together perspectives from across industries, from across different parts of the country to make sure that anything we do will be fair right across the country. That all Candians will share in the job of standing up for our interests and, quite frankly, standing up to defend the most successful trading relationship in the world.”

IN ANOTHER REACTION, THE CANADIAN PROVINCE OF ONTARIO ANNOUNCED MONDAY IT’S CANCELING A MULTI-MILLION DOLLAR CONTRACT WITH ELON MUSK’S STARLINK. 

ONTARIO PREMIER DOUG FORD SAYS THE GOVERNMENT IS ALSO BANNING OTHER AMERICAN COMPANIES FROM PROVINCIAL CONTRACTS UNTIL THE TARIFFS ARE REVERSED.

FOR SAN SIMONE DEL ROSARIO. 

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