The trade war between Mexico and the United States has evidently been delayed. Mexican President Claudia Sheinbaum today indicated that the 25% tariffs that were set to be implemented on February 4 have been delayed for a month.
The delay follows commitments by Mexico to deploy 10,000 national guard troops to the US-Mexico border in an effort to assist in securing it, while also agreeing to work with the United States on “security and business.” The deployment of troops, as per Donald Trump, are intended to “stop the flow of fentanyl, and illegal migrants into [the USA].”
In exchange, the US has also said that it is committed to working to prevent the trafficking of high powered weapons to Mexico.
The tariffs are said to be paused for a period of a month, during which time negotiations are to take place between Secretary of State Marco Rubio, Secretary of Treasury Scott Bessent and Secretary of Commerce Howard Lutnick and high-level representatives of Mexico.
Information for this story was found via X and the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
