MARKET ARCHIVE
MARKET ARCHIVE
February 3, 2025 at 05:11 PM
Donald Trump has paused the planned 25% tariffs on Mexican imports for one month after reaching an agreement with Mexican President Claudia Sheinbaum on security and trade issues. As part of the deal, Mexico will deploy 10,000 National Guard troops along its northern border to enhance security, focusing on curbing drug trafficking, particularly fentanyl, and smuggling of high-powered weapons. Both nations will establish working groups to address migration and trade concerns, with Trump set to lead further negotiations to finalize a broader agreement within the month.

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