WESLACO, Texas - President Trump said he would pause his planned 25 percent tariff duty on imported goods from Mexico due a “very friendly” telephone conversation with his Mexican counterpart, Claudia Sheinbuam.
Trump said the tariffs would be put on hold for month while further discussions with the Mexican president take place.
Trump’s tariffs were scheduled to take effect Tuesday, with a 25 percent duty on all imports from Mexico and most from Canada. Energy products from Canada would have had a ten percent tariff imposed. He also plans a ten percent tariff on Chinese goods.
Trump explained his decision to hold off on tariffs for Mexican imports on his social media platform, Truth Social. He wrote:
“I just spoke with President Claudia Sheinbaum of Mexico. It was a very friendly conversation wherein she agreed to immediately supply 10,000 Mexican soldiers on the border separating Mexico and the United States, These soldiers will be specifically designated to stop the flow of fentanyl, and illegal migrants into our country.
“We further agreed to immediately pause the anticipated tariffs for a one month period during which we will have 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. I look forward to participating in those negotiations, with President Sheinbaum, as we attempt to achieve a “deal” between our two countries.”
Sheinbaum for her part said Trump has agreed to a long-standing request from Mexico to get serious about stopping illegal weapons going south into Mexico. According to the Mexican government, more than 90 percent of guns seized in Mexico come from the United States.
U.S. Rep. Vicente Gonzalez has another theory as to why Trump halted the implementation of the tariffs - stock markets around the world were tanking at the thought of trade wars between the United States and its top three trading partners - Mexico, China, and Canada.
Asked to respond to reports that Trump had paused the imposition of tariffs due to a telephone conversation with Sheinbaum, Gonzalez said:
“Well, I don't know what how productive a short phone call might have been, but I do think that the dropping of futures yesterday, the dropping of the stock market today, just on speculation of tariffs, had a very deep impact on the administration and what was coming. I think that woke up the president and probably the administration and economic advisers to not go through with the tariffs.”
Gonzalez said the imposition of tariffs would have been “devastating” for the country.
“It would have been devastating for the state of Texas more than any other state in the country, because Texas is the most reliant on trade with Mexico, and obviously in South Texas, in the Rio Grande Valley, it would have been devastating. It would have had a direct impact on our small businesses and our local economy,” Gonzalez said.
Gonzalez made his comments in an exclusive interview with Ron Whitlock of Ron Whitlock Reports. Here is an audio recording of the interview:
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