Trump Trade 2.0: Trump Unveils Tariffs on Mexico and Canada, Additional Tariffs on China
The U.S. and Mexico reached a deal to delay a 25% tariff on Mexican imports for one month, with Mexico agreeing to deploy 10,000 National Guard troops to its northern border to combat drug trafficking, including fentanyl. Mexican President Claudia Sheinbaum announced the security measures, while Trump confirmed ongoing negotiations led by senior U.S. officials. The situation mirrors Trump’s previous tariff threats against Mexico during his first term, resolved after Mexico agreed to bolster border security.