Trump postpones 25% tariffs on Mexico for a month

Mexico to immediately reinforce northern border with 10,000 troops to prevent drug smuggling
President Donald Trump has announced that he will suspend for one month the new 25% duty on goods imported to the United States from Mexico. This was announced by Mexican President Claudia Sheinbaum.
The announcement of the pause came two days after Trump imposed duties on goods from Mexico, Canada and China.
“We had a good conversation with President Trump with great respect for our relationship and sovereignty; we reached a number of agreements,” she wrote in X.
According to Sheinbaum, Mexico will immediately reinforce its northern border with 10,000 National Guard troops to prevent drug smuggling from Mexico to the United States, particularly fentanyl. In turn, the United States is committed to working to prevent the smuggling of powerful weapons to Mexico.
The President emphasized that the teams would start working today in two areas: security and trade.
As a reminder, US President Donald Trump has again threatened the BRICS countries with 100% tariffs if they try to create a new currency.
Earlier, US President Donald Trump said during a briefing for journalists that he would discuss his decision to impose higher duties on goods from Mexico and Canada with the leadership of these countries on February 3.
By the way, Trump said that without American subsidies, Canada would cease to exist as a viable country, so it should become “the favorite 51st state.”
Discover more about аgri market developments at the 11 International Conference BLACK SEA OIL TRADE on September 23 in Bucharest! Join agribusiness professionals from 25+ countries for a powerful start of the oilseed season!
Read also
MARKET SIGNALS TO WATCH, June 20 – 27, 2025
Export duty back on the table: Ukraine revisits 10% tariff on soy and rapeseed
Global Trade in Focus: What’s Ahead for Grains & Oils in 2025/26?
India’s palm oil imports jump 61% in June to hit 11-month high
Ukrainian farmers are approaching the harvest of the first million tons of grain o...
Write to us
Our manager will contact you soon