Mexico President Claudia Sheinbaum said the American prices on her country were delayed by a month after a conversation with US President Donald Trump, a declaration confirmed by the White House.
“Mexico will immediately strengthen the northern border with 10,000 members of the National Guard, to stop mexical drug trafficking in the United States, in particular fentanyl”, ” Sheinbaum posted on X.
“The United States undertakes to work to stop the traffic of high power weapons in Mexico.”
The Mexican president added that the two countries will maintain dialogue and “our teams will start working today in two areas: security and trade”.
“We have this month to work and convince ourselves that it is the best way to follow,” said Sheinbaum at a press conference.
Trump ordered 25% prices on all Mexican products over the weekend, Mexico saying that it would respond with clean prices without detailed on which products.
But Trump confirmed on social networks that the prices on the goods of Mexico will be interrupted for a month for the negotiations, a few hours before taking effect.
He said the talks would be led by Secretary of State Marco Rubio, Treasury Secretary Scott Bessent and Commerce Secretary Howard Lux and high -level representatives of Mexico.
“I can’t wait to participate in these negotiations, with President Sheinbaum, while we are trying to conclude an” agreement “between our two countries,” said the president.
It was not immediately clear how the troops would be deployed. Mexico has deployed some 8,700 troops of the military and national guard at the border During the first year of the administration of Joe Biden.
Tony Payan, director of the Center for the United States and Mexico of the Baker Institute, examines the temporary agreement on prices between the two countries – and what continuous uncertainty could mean for the business world.
Tony Payan, director of the Center of Think-Tank Baker Institute for the United States and Mexico, told CBC News that “the can have been launched on the road”, and there is no guarantee that Trump will not come back to the problem of Price “Again and again” to obtain desired compromises from Mexico.
“It really rewards Trump and his tactics – the kind of intimidation tactics – so that has no consequences for him,” said Payan.
“Obviously, there is no guarantee that he will comply with this agreement, just as he does not respect the USMCA [United States-Mexico-Canada Agreement] He himself negotiated, “he added.
Indeed, while Trump said that he had a “great conversation” with Mexico, he said that the prices are not completely out of the table in the middle of the negotiations during the late month.
Payan said that, given economic growth less than desired in the last quarters and the general dependence of Mexico with regard to the United States as an economic partner, Sheinbaum “had to make compromises”. But, he said, this decision could be unpopular for certain legislators within his Morena party.
Potentially still for Canada
The break added to the drama while Trump’s prices against Canada and China are expected to come into force on Tuesday. The uncertainty remains on the sustainability of any transaction and if the prices are a warning sign of a wider trade war, because Trump has promised more taxes to come.
The economist and former Mexican trade negotiator, Luis de la Calle, said that “the successful integration” of Canadian, American and Mexican economies will resist Donald Trump. De la Calle adds that the biggest challenge on the American market is its competition with China and that the rupture of North American trade is a “punishment for American consumers”.
Trump posted on social networks that he spoke on Monday morning with Canadian Prime Minister Justin Trudeau and that “spoke to him again at 3:00 pm”
But a senior Canadian official reportedly told the New York Times that Ottawa was not optimistic that they could obtain the same type of a month of the American prices that were granted in Mexico.
Kevin Hassett, director of the National Economic Council of the White House, told CNBC that Mexicans are “very, very serious to do what President Trump said:” Unlike Canada.
“Canadians seem to have misunderstood the clear language of the decree and they interpret it as a trade war,” added Hassett.
Earlier Monday, Trump repeated his complaints that Canada was not cooperative, despite decades of friendship and partnerships between the two nations.
“Canada does not even allow banks to open or do business there,” said Trump. “What is it? A lot of things of this type, but it is also a drug war, and hundreds of thousands of people died in the United States of drugs flowing through the borders of Mexico and from Canada. “
Trump also mocked Trudeau several times, the appellant “Governor Trudeau” and saying that Canada can avoid prices by becoming the 51st state.
Canada said it would apply reprisals on American products, the federal government publishing a detailed list of reprisal rates over 30 billion dollars in goods.
Politicians approached subjects such as water bombers, AI and the environment over 24 hours in Newfoundland in Newfoundland and Labrador, but politicians insist on international agreements on things like hydrogen And minerals will bring the most local advantages. Peter Cowan of the CBC explains.
The European Union has also threatened
The European Union of 27 countries has also been threatened with prices by Trump.
Speaking in Washington on Sunday after his return from his Mar-A-Lago domain, the American president said they were the next ones in the shooting line, but did not say when.
“They don’t take our cars, they don’t take our agricultural products. They take almost nothing and we take everything,” he told journalists.
EU leaders meeting at an informal summit in Brussels on Monday said that Europe would be ready to retaliate if the United States imposed prices, but also called for reason and negotiation.