MARKET ARCHIVE
                                
                            
                            
                    
                                
                                
                                February 4, 2025 at 02:27 AM
                               
                            
                        
                            President Donald Trump delayed tariffs on Mexico and Canada for a month after both countries agreed to tighten border controls to curb migrant flows and fentanyl trafficking. Mexican President Claudia Sheinbaum pledged to deploy 10,000 troops to the U.S.-Mexico border, while Canadian Prime Minister Justin Trudeau committed to increasing border security, listing drug cartels as terrorists, appointing a "Fentanyl Czar," and combating money laundering. Despite initial stock market slumps due to fears of a trade war, Trump's "friendly" talks with both leaders led to the temporary suspension of the 25% tariffs.