Trump tariffs on Mexico to be paused one month, Sheinbaum says, as she announces troop border deployment

Trump tariffs on Mexico to be paused one month, Sheinbaum says, as she announces troop border deployment


Mexico’s President Claudia Sheinbaum gestures as she speaks about U.S. President Donald Trump’s policies during a press conference at the National Palace, in Mexico City, Mexico January 21, 2025. REUTERS/Henry Romero

Henry Romero | Reuters

Mexico President Claudia Sheinbaum said Monday that the United States has agreed to pause for one month the implementation of President Donald Trump’s tariffs on goods from her country.

“We had a good conversation with President Trump with great respect for our relationship and sovereignty; we reached a series of agreements,” Sheinbaum wrote in a tweet, according to as translation from Spanish.

“Mexico will immediately reinforce the northern border with 10,000 members of the National Guard to prevent drug trafficking from Mexico to the United States, particularly fentanyl,” Sheinbaum wrote, according to the translation.

“The United States is committed to working to prevent the trafficking of high-powered weapons to Mexico,” she wrote.

This is breaking news. Please refresh for updates.



Source

European markets slide as traders look ahead to central bank action
World

European markets slide as traders look ahead to central bank action

Commuters outside the Bank of England (BOE) in the City of London, UK, on Monday, Sept. 16, 2024. The central bank’s Monetary Policy Committee’s interest rate decision is scheduled for release on Sept. 19.  Bloomberg | Bloomberg | Getty Images LONDON — European stocks are expected to open in lower territory on Tuesday, reversing gains […]

Read More
‘It’s easier to be yourself:’ Andy Briggs on how his low-ego leadership style landed him the CEO job at Phoenix Group
World

‘It’s easier to be yourself:’ Andy Briggs on how his low-ego leadership style landed him the CEO job at Phoenix Group

Phoenix Group CEO Andy Briggs reflects on how his family values shaped his four-decade career, why purpose-driven leadership matters when making tough decisions and how staying true to yourself is key to building long-term success. Andy Briggs has spent nearly four decades in financial services—culminating in his role as CEO of Phoenix Group, the U.K.’s largest long-term […]

Read More
Here are Bank of America’s top European auto picks for 2026
World

Here are Bank of America’s top European auto picks for 2026

European carmakers face a delicate trade-off next year between a potential easing of CO₂ emissions rules and a possible return of fierce competition from China. That’s according to Horst Schneider, head of European automotive equity research at Bank of America Securities , who said cheaper auto stocks, “still have got catch-up potential” and are well-placed […]

Read More