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Canada And Mexico Choose Economic Survival Rather Than Economic Collapse
Canadian Prime Minister Justin Trudeau initially insisted that he would never back down, but Donald Trump had most of the leverage in this situation. Canada's economy is very heavily dependent on foreign trade, and the U.S. is Canada's number one trading partner. If Trudeau ultimately decided to dig in for a fight, Canada's economy would have collapsed. Thankfully, he has agreed to negotiate a deal with Trump. To the south, we must give Mexican President Claudia Sheinbaum a lot of credit for realizing that she simply was not going to win this particular battle. So she has agreed to send 10,000 Mexican troops to help secure the border, and Trump has agreed to pause the tariffs on Mexico for a month as negotiations continue…
President Trump announced he is pausing U.S. tariffs targeting imports from Mexico for a month after the country's president agreed to send 10,000 troops to the U.S.-Mexico border to combat the flow of fentanyl and migrants.
Mr. Trump wrote on Truth Social on Monday that he and Mexican President Claudia Sheinbaum "agreed to immediately pause the anticipated tariffs for a one month period." The pause, he said, will allow "negotiations headed by Secretary of State Marco Rubio, Secretary of Treasury Scott Bessent, and Secretary of Commerce Howard Lutnick, and high-level Representatives of Mexico."