US Pauses New Tariffs on Mexico for One Month

US President Donald Trump has paused new tariffs on Mexico for one month after Mexico agreed on Monday to deploy 10,000 National Guard members to reinforce its northern border and curb the flow of illegal drugs.
The agreement also includes a US commitment to prevent the trafficking of high-powered weapons to Mexico, as stated by Mexican President Claudia Sheinbaum on X. The two leaders spoke by phone on Monday, just hours before US tariffs on Mexico, China, and Canada were due to take effect.
The two countries will use the one-month suspension to engage in further negotiations, Trump said on social media.
“I look forward to participating in those negotiations with President Sheinbaum, as we attempt to achieve a ‘deal’ between our two countries,” he wrote on Truth Social.
“We have this month to work and convince each other that this is the best way forward,” Sheinbaum said at a press conference.
The agreement came less than 48 hours after Trump announced sweeping tariffs on goods from the top three US trading partners, which account for $2.1 trillion in annual commerce. This deal reflects the often chaotic nature of the early days of his second presidency.
While the deal eases pressure on Mexico, prospects for a similar reprieve for Canada and China seemed dim, as Trump and his team continued their criticism of Canada in particular.
US stocks, which had fallen sharply on Monday morning due to fears of a deepening trade war, regained some losses after the announcement.
Trump said on Monday he had spoken with Canadian Prime Minister Justin Trudeau and would do so again at 3 pm ET.
Tariffs on Canada and China remain poised to begin on Tuesday, and Canada has announced retaliatory tariffs.
A senior Canadian official told a New York Times reporter that Ottawa is not optimistic about a similar reprieve.
On Sunday, Trump suggested the 27-nation European Union might be his next target but did not specify when.
European leaders at an informal summit in Brussels on Monday said Europe would be prepared to fight back if the US imposes tariffs, but also called for reason and negotiation.
Trump hinted that Britain, which left the EU in 2020, might be spared from tariffs, saying, “I think that one can be worked out.”
China said fentanyl is America’s problem and that it would challenge the tariffs at the World Trade Organization, but also left the door open for talks.
Canada said it would take legal action under relevant international bodies to challenge the tariffs.
Automakers would be particularly hard-hit, as new tariffs on vehicles built in Canada and Mexico would burden a vast regional supply chain.