US President Donald Trump on Thursday said that he was putting on hold sweeping tariffs that he recently imposed on Mexican imports after a conversation with his Mexican counterpart, Claudia Sheinbaum.
He cited their positive relationship as the reason behind his move and said that he was lifting tariffs on most products from Mexico for four weeks as fears loom for a trade war among the neighbouring countries.
The US President said that, for now, fresh tariffs would not apply to trade that comes under a pact between the United States, Mexico, and Canada.
“After speaking with President Claudia Sheinbaum of Mexico, I have agreed that Mexico will not be required to pay Tariffs on anything that falls under the USMCA Agreement. This Agreement is until April 2,” Trump said.
“I did this as an accommodation and out of respect for President Sheinbaum. Our relationship has been a very good one, and we are working hard, together, on the Border, both in terms of stopping Illegal Aliens from entering the United States and, likewise, stopping Fentanyl. Thank you to President Sheinbaum for your hard work and cooperation,” he added.
Sheinbaum hailed Trump’s decision after a phone call between the two leaders.
“We will continue to work together, particularly on migration and security issues,” Sheinbaum wrote on social media after what she called an “excellent and respectful” phone call with Trump.
