Donald Trump 'indefinitely suspends' imposing tariffs on Mexican imports after an agreement was reached between US and Mexico
US President Donald Trump says an agreement with Mexico was reached, and the punishing tariffs he had been threatening were"indefinitely suspended."
"I am pleased to inform you that The United States of America has reached a signed agreement with Mexico," Trump said on Twitter. Last week. Trump announced a five percent tariff would be applied to all goods from export-dependent Mexico, rising by five percentage points each month to a high of 25 percent, until US demands on migrant controls were satisfied.
Mexico has scrambled to appease Washington, agreeing on Thursday to deploy 6,000 National Guard troops to its southern border, blocking a new migrant caravan and freezing the bank accounts of suspected human traffickers. Trump threatened the tariffs out of frustration with the Mexican government's permitting hundreds of thousands of mostly Central American migrants stream across the country northward to the US border.
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