Trump agrees to postpone Canada and Mexico tariffs by one month | Trump administration

Donald Trump It retreated from the edge of the trade war with Canada and Mexico, and postponing the new American definitions on goods from its closest economic partners in one month.

This is the third time in two weeks. The US President has been delayed by 25 % of the customs tariff for the two countries. China is still to face an additional 10 % tax on its exports to the United States from Tuesday.

After talks with Canadian Prime Minister Justin Trudeau, and the Mexican President, Claudia ShinbomOn Monday, Trump agreed at the last minute To separate from imposing new duties on the two countries.

The agreements came on a day of extreme fluctuations in global financial markets, where the reaction of the displaced investors to the possibility of a largely escalating conflict included the largest economies in the world.

The US President had raised the USA’s ties during the weekend when he announced a 25 % tariff and accused the Shinbaum administration of engaging in an “unbearable alliance” with Mexican crime groups.

Shinbaum rejected this “virtual” accusation, but on Monday morning, a more soft note was made as a “series of agreements” with Trump announced after a conversation between the two leaders who agreed to stop US definitions for a month to allow new negotiations.

Mexico agreed to send 10,000 members of the National Guard “to prevent drug trafficking from Mexico to the United States, especially Fintanel.” On the other hand, the United States has agreed to work to prevent high -energy weapons crossing the border to Mexico.

Trump shortly confirmed the deal on his social network for the truth. He said that 10,000 Mexican soldiers will be appointed specifically to stop the flow of fentanel and illegal immigrants to our country.

He said that the negotiations that included senior Mexican officials, the US Secretary of State, Marco Rubio, the US Treasury Secretary, Sakut Bessin, and US Trade Minister Howard Lootnick will be held during a pause.

After two calls with Trump on Monday, Trudeau announced that the customs tariff would “stop” for 30 days. “Canada is implementing a $ 1.3 billion border plan – strengthening borders with new helicopters, technology and employees, enhancing coordination with our American partners, and increasing resources to stop the flow of fentanel,” he said in a statement. “Nearly 10,000 front lines employees will protect the border.”

Trump wrote about the social truth: “As a president, I have a responsibility to ensure the safety of all Americans, and I am doing it. I am very pleased with this initial result, and the definitions announced on Saturday will be suspended for 30 days to see if a final economic deal can be organized With Canada or not.

Late last year, Trump threatened to impose a tariff on Canada, Mexico and China on the first day of his presidency. Since the first day of his presidency, he said he would do so from February 1. He said that at the end of this week, they said from February 4. They are now late until March.

Economists have warned the planned wave of planned definitions that would risk raising the prices of millions of Americans, just weeks after his pledge, when he took office “quickly” to bring them down.

However, Trump confirmed on Monday that the customs tariff was a “very strong” way to strengthen the United States economically and “get everything you want.” At the end of the week, they may cause “little pain” in the United States.

The markets were sharply sold across the world in response to what was described as a “Trump’s introductory attack” before recovering some of its losses after the news broke out about the deal with Mexico. The Wall Street fell into early trading, with a decrease of approximately S&P 500. Prices of stocks in Europe followed a sharp step in Asia.

The FTSE 100 index in London decreased by 1.4 % of the record on Friday before returning some losses to 1 % trading.

Trump also indicated on Sunday that the European Union will be next to the customs tariff, but it did not say when.

European Union leaders said at an informal summit in Brussels on Monday that Europe would fight if the United States imposed definitions, but called for negotiation. French President Emmanuel Macron said that if the business interests are attacked, it will be “respected and thus interact.”

The German counselor, Olaf Schools, said that the European Union could respond if necessary with its own definitions, but stressed that it would be better for both sides to find an agreement on trade.

Trump hinted that Britain may be saved by the customs tariff, saying: “I think one can be resolved.”

When asked whether he was concerned about Trump’s refusal to exclude the imposition of sanctions on the United Kingdom, the country, Kiir Starmer, said: “It is clear that it is the first days.

“I think what is really important is open and strong trade relations, and this is the basis of my discussions with President Trump. I know that the discussions of the United States of America are planned.”

Officials, analysts and economists who believe that Trump’s tariff could have severe consequences for the global economy and Washanton’s place in the world expressed a comfort in the Mexico deal.

Experts believe that Trump’s plans to get a 10 % tariff on China and 25 % on Canada and Mexico will hinder global growth and cause inflation in the United States. Even Trump admitted on Sunday that the measures could cause “little pain”.

Brian Winter, Editor -in -chief The Americas “I don’t think anyone expects a decision today, and it is clear that it is relief. But the damage occurs,” said a quarterly magazine and expert in Latin America.

“I can personally imagine a scenario where, within a year, President Trump will be the terms of friends again with Mexico. But you cannot cancel what happened over the past 48 hours. If companies make decisions in terms of years and contracts, how do you think about Mexico specifically And its place in the American value chain, it was changed forever.

Speaking at her daily press conference in Mexico City, Shinbom told correspondents that she was at the end of a 30 to 45 -minute conversation with Trump, who had joined with him that she wanted to see the outstanding definitions forever. She believed that a one -month postponement represents a good deal, and the agreement was drawn as a victory for both sides.

“In Mexico, we have rocket launchers that come from the United States illegally … How can these high -energy weapons enter Mexico from the United States?” I asked, praising Trump’s clear commitment to combating arms smuggling as part of the agreement.

Winter said he believed that Trump’s strong tactics in some respects were working.

Four of his opening moves came on the global stage in Latin America: diplomats with Colombia and Venezuela to deport migrants; With Mexico due to drug trafficking and immigration; And with Panama on the supposed Chinese participation in the Panama channel. In all four cases, Trump was able to demand the privileges of victory or extraction, although critics argue that many of these cosmetic and designers to achieve more than to satisfy his base.

“There is no doubt that I moved more quickly to accommodate Washington than it was the case under a more traditional request.

“The question is, though: What does this do for Washington’s alliances in the medium term? Do these countries are pushing near China? I have doubts … but with all these crises, the scars remain. I think governments realize that this government is more transactions than they were In the first state of Donald Trump, it can not really think of alliances with the United States.