Donald Trump and his Mexican counter part Claudia Shainbaum announced the last pause in the US tariffs threatened in the fear of the World Trade War. From Tuesday.
The details of the contract were brought to the extreme volatility day in the global financial market, because the rattling investors responded to the prospects of the world's largest economy.
The US President announced 25 % of tariffs and overturned the bond between Mexico, the United States, on the weekends, which blamed Symbaum's management for being engaged in a “unbearable alliance” with a crime group in Mexico.
Shainbaum refused to be “slandered”, but on Monday morning between two leaders who agreed to suspend US tariffs for a month to allow new negotiations. After the conversation, he announced a “series of agreements” with Trump, so he made a soft note. 。
Symbaum agreed that Mexico dispatched 10,000 members of the State Security Corps to “prevent drug trafficking from Mexico to the United States, especially Fentanil.” In return, the United States agreed to work to prevent powerful weapons across the border over Mexico.
Soon after that, Trump confirmed his transactions on his true social network. He said that 10,000 Mexico soldiers said, “It will be specially designated to stop the flow of Fentanyl and stop the flow of illegal immigrants in our country.”
He said that negotiations, including high -ranking Mexico, US Secretary of State, Marco Rubio, U.S. Finance, Scott Bessent, and Secretary of Commerce, will be paused. The market was sold significantly around the world, in response to the “Trump tariffs” before the news broke the contract with Mexico and then recovered a part of their losses. Wall Street fell on early transactions, and S & P 500 decreased almost 2 %. European stock prices continued sharply in Asia.
London's FTSE 100 indexes have decreased 1.4 % from the highly recorded highs on Friday, reducing one % of the losses.
Trump also indicated that the EU was next to customs duties on Sunday, but never said.
The EU leader said that it had a meeting at an unofficial summit held in Brussels on Monday. The United States imposed tariffs, but if negotiations were asked, Europe would fight back. French president, Emmanuel Macron, said, “respected and reacts,” when the commercial interests of the block were attacked.
German Prime Minister Olaf Cholt said that the EU could respond with its own tariffs as needed, but emphasized that it is better to find a trade agreement.
Trump suggested that Britain could escape tariffs and said, “I think I can solve it.”
Keal Starmar, the Prime Minister of the country, was asked if Trump was rejected and was worried about excluding sanctions on the United Kingdom. “Obviously, it's the early days.
“What is really important is an open and powerful trading relationship, and I think it's the basis of my debate with President Trump. I know that the fierce US EU is planned.”
Officials, analysts, and economists believe that Trump's tariffs could have miserable consequences to the status of Washington, which expressed relief in the world economy and Mexico transactions.
Experts believe that Trump's 10 % tariffs on China, 25 % of Canada and Mexico planning will hinder global growth and cause US inflation. Even Trump acknowledged on Sunday that this measure could cause a little pain.
Brian Winter, editor -in -chief and Latin American expert at Americas Quarterly Magazine, stated: But damage is performed.
After the newsletter promotion
“I personally imagine a scenario that President Trump is following Mexico and the buddy buddy conditions, but I can't see what happened in the past 48 hours, and, If a company makes decides for decades, the place in the US value chain will change forever. “
It was unknown whether Canada could negotiate the same delay as Trump tariffs. Written in X, the Canadian director of the New York Times tells her that the country situation is “fluid” after a Canadian official, Trump and Canadian Prime Minister Justin Toldo spoke on Monday morning. I said.
“They are not optimistic that Mexico has realized that there is a real off lamp in Canada,” he said. Trump and Trudeau were planning to talk again in the second half of the day.
At a daily press conference in Mexico City, Sheinbaum wanted to joke with him at the end of a 30-45 -minute conversation with Trump and hoped that tariffs would be stopped forever. He joked that he was. She believed that a monthly grace representing a considerable thing, and said that he had agreed as a victory of both sides.
“Mexico has a rocket launcher that comes illegally from the United States. How can these powerful weapons be in Mexico from the United States?” I called for an obvious commitment.
Trump did not mention the guns made in the United States in his announcement about the pause.
Winter said in some ways that Trump's strong arm tactics seemed to work.
His four opening movements on the world stage came in Latin America. A diplomatic dispute between Colombia and Venezuela regarding immigrants. With Mexico over drug trafficking and immigration. Panama seems to be a China involvement in the Panama Canal. In all four cases, Trump succeeded in claiming victory and drawing concessions, but many of them are mainly beauty, more than to please his base. It claims that it is designed to achieve it.
Winter says: “There is no doubt that Trump's approach has produced concrete short -term results in Latin America. Otherwise, the impossible range and the decision on the timeline … unless these governments acknowledge it. I don't think Washington moved much faster than he had.
“But the problem is what to do to the Washington alliance in the medium term. Are these countries closer to China? I have a question … but these crisis. With all of, the scar remains that this is more of a trading government than the first term of Donald Trump and cannot really think of it. I think it's a big change.
