Mexican president says tariffs delayed after ‘good’ talk with Trump

Mexican President Sheinbaum Announces Agreements with Trump Amid Trade Tensions

Mexican President Claudia Sheinbaum shared that she had a productive conversation with U.S. President Donald Trump on Monday morning, emphasizing mutual respect for both countries' sovereignty.

In a post on X, Sheinbaum revealed that the two leaders reached several key agreements just two days after Mexico imposed retaliatory tariffs in response to the U.S. decision to impose a 25% levy on all Mexican goods, escalating the trade conflict between the two nations.

The agreements include:

  1. Mexico will deploy 10,000 members of its National Guard to strengthen security along the northern border and combat drug trafficking, especially fentanyl.
  2. The United States has committed to preventing the flow of high-powered weapons into Mexico.
  3. Both countries will begin immediate collaboration on two fronts: security and trade.
  4. The U.S. has agreed to pause tariffs for one month.

Sheinbaum described the talks as “productive” and underscored their commitment to resolving trade and security issues in a cooperative manner.

Trump and Sheinbaum Agree to Pause Tariffs Amid Trade Tensions

U.S. President Donald Trump confirmed on TruthSocial that he and Mexican President Claudia Sheinbaum had a "very friendly conversation" on Monday, agreeing to immediately pause the anticipated tariffs for one month.

Trump stated that both leaders had come to an agreement, which will allow for negotiations led by key officials, including Secretary of State Marco Rubio, Secretary of Treasury Scott Bessent, and Secretary of Commerce Howard Lutnick, alongside high-level representatives from Mexico. Trump expressed hope that these talks would lead to a "deal" between the two countries.

Sheinbaum had earlier emphasized the importance of reason prevailing, after both the U.S. and Mexico imposed retaliatory tariffs on each other. On Sunday, she raised her fist in defiance, underscoring her government's willingness to stand firm.

Trump acknowledged that the tariffs could bring "some pain" to Americans, but despite this, Wall Street and the U.S.'s largest trading partners remained hopeful that the trade war would be short-lived.

Sheinbaum Rejects Trump's Claims, Emphasizes Dialogue with the U.S.

Mexican President Claudia Sheinbaum responded firmly to U.S. President Donald Trump's claims that tariffs on Mexico were due to illegal immigration and alleged ties between Mexico’s government and drug trafficking organizations.

In a detailed statement on X, Sheinbaum rejected what she called the White House’s "slanderous" accusations, asserting that the Mexican government has no alliances with criminal groups. She emphasized that her government favors dialogue over confrontation with its top trade partner to the north.

Sheinbaum also pointed out that if such an alliance existed, it would be found in the U.S. gun factories, which she claimed sell high-powered weapons to criminal organizations. Her statement reinforced Mexico’s stance of sovereignty and the importance of diplomatic engagement.

Sheinbaum Rejects U.S. Accusations, Calls for Cooperation on Drug Trafficking

Mexican President Claudia Sheinbaum fiercely rejected U.S. claims that Mexico’s government has ties to drug trafficking organizations, emphasizing Mexico’s efforts to combat the issue. In a statement on X, Sheinbaum highlighted that her government had seized more than 40 tons of drugs, including 20 million doses of fentanyl, and arrested over 10,000 individuals linked to criminal groups.

Sheinbaum also suggested that the U.S. focus on addressing the drug consumption problem within its own borders, specifically targeting narcotics distribution in major cities and money laundering linked to the illegal drug trade. She pointed to the U.S.'s opioid epidemic, which she argued stems from the indiscriminate prescription of medications approved by the FDA, as a critical aspect of the crisis.

Stressing Mexico’s commitment to collaboration rather than confrontation, Sheinbaum called for joint efforts to combat drug trafficking based on shared responsibility, mutual trust, and respect for sovereignty. She proposed creating a working group composed of the best security and public health teams from both countries.

Sheinbaum reiterated that tariffs would not resolve the issue, advocating instead for dialogue and negotiations. She announced the implementation of Plan B to defend Mexico’s interests, though without specifying which U.S. goods would be targeted.

Mexico’s governors and economy minister Marcelo Ebrard also rallied behind Sheinbaum, condemning Trump’s accusations and claiming they were a distraction from the disruptive impact of tariffs on North American businesses.

Meanwhile, Canadian Prime Minister Justin Trudeau echoed Sheinbaum’s stance, emphasizing the importance of enhancing bilateral relations between Canada and Mexico, and urging Canadians to support domestic products in response to the new tariffs.

Trump’s decision to impose tariffs has raised concerns about potential economic repercussions, with critics warning of possible inflation and financial instability. However, Trump remains resolute in his belief that tariffs are vital to U.S. economic and national security, aligning with his "America First" policy.

References

Talk:Mexican president says tariffs delayed after ‘good’ talk with Trump

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Mexican president says tariffs delayed after ‘good’ talk with Trump James Michael 04 Feb 2025 06:58 PM
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