Trump Suspends Tariffs, Mexico Agrees to Regulate Migration through Southern Border
President Donald Trump tweeted Friday that the “United States of America has reached a signed agreement with Mexico. The Tariffs scheduled to be implemented by the U.S. on Monday, against Mexico, are hereby indefinitely suspended.”
Details of the agreement will be released soon from the State Department.
Mexico has agreed “to stem the tide of Migration through Mexico, and to our Southern Border,” the tweet read. “This is being done to greatly reduce, or eliminate, Illegal Immigration coming from Mexico and into the United States.”
Many tweeted in support of the news.
This comes just hours after Trump tweeted, “If we are able to make the deal with Mexico, & there is a good chance that we will, they will begin purchasing Farm & Agricultural products at very high levels, starting immediately,” he said. “If we are unable to make the deal, Mexico will begin paying Tariffs at the 5% level on Monday!”
On Friday, Marcelo Ebrard, Mexico’s foreign secretary met with U.S. Secretary of State Michael Pompeo at the State Department for over 10 hours trying to come to an agreement.
On the right, many Republican lawmakers and economists are concerned that rising tariffs would damage both Mexico and the U.S.’s economies and increase costs for goods.
Last year, approximately $350 billion in goods from Mexico were imported to the U.S., which included anything from car parts to fruits and vegetables.
On the left, at his daily news conference in Mexico City, politician and former president of Mexico, Lopez Obrador, said the U.S. only sees migration as a border security issue without taking into consideration what forces Mexican citizens to flee in the first place.