In a key development, the president of Mexico, Claudia Sheinbaum and the American president, Donald Trump, agreed to temporarily stop the American scanning prices on Mexico exports, delaying their implementation for a month. The announcement came a few hours before the prices took effect, the two leaders confirming the agreement on social media platforms.
Sheinbaum, the first to reveal the decision, praised the “good conversation” with Trump, emphasizing mutual respect for the sovereignty of the two nations. As part of the agreement, Mexico will deploy 10,000 national guard troops at its northern border to combat drug trafficking in the United States. In return, Sheinbaum stressed that the United States would work to reduce high power gun traffic in Mexico, which has fueled organized crime in the country.
Trump, in his article on Truth Social, described the conversation with Sheinbaum “very friendly” and reiterated that Mexican troops would focus on reducing the flow of fentanyl and illegal migrants in the United States, he did not mention No action to prevent Mexico weapons traffic.
This agreement temporarily diffuses an aspect of the climbing of global trade tensions aroused by the re-election supply of Trump, in which he campaigned on the elevation of prices for international products entering the United States, his plan included 25% prices in Mexico and Canada, arguing that prices were necessary to approach undocumented migration and drug addict across American borders.
Price delays and current trade tensions
Although this break in the prices addresses a trade in the trade war of brewing, it does not solve the imminent threat of 25% prices in Canada, which remains in force. Trump also reported ongoing discussions with Canadian Prime Minister Justin Trudeau, China is also faced with 10%tariff increases.
Canada has been particularly vocal in its response, Prime Minister Trudeau warning reprisals out of $ 105 billion for American imports. He cited the potential damage to Canadian and American workers, in particular targeting key products such as Florida oranges, Kentucky Bourbon and motorcycles made in Pennsylvania.
The intertwined economies of Mexico, Canada and the United States are very vulnerable to the effects of a large-scale trade war, especially in industries such as automobile and agriculture. Experts have warned that US consumers could bear the weight of higher prices resulting from these prices.
Despite the risks, Trump has developed the prices as a necessary measure to “make America again large”, recognizing the potential for domestic flame.
