They get 30 day hold on tariffs…..
Canada and China have not done anything….
Trump says Europe is next in his effort to ‘Put America First’….
Stock market WAS down almost 700 pts until Mexico deal announced…
It has recovered somewhat…
President Claudia Sheinbaum of Mexico struck a deal with the Trump administration to delay stiff tariffs, which were set to take effect on Tuesday, for a month as the two countries reached a series of agreements on border security. Ms. Sheinbaum agreed to deploy 10,000 additional troops, who President Trump said would be designated to stop the flow of migrants and illegal drugs across the U.S.-Mexico border.
In return, Mexico will get at least a temporary reprieve from the blanket 25 percent tariffs Mr. Trump announced on Saturday, as well as help from the U.S. government to stanch the movement of guns back over the border, Ms. Sheinbaum said on Monday. The agreement, two days after Mr. Trump also announced tariffs of 25 percent against Canada and 10 percent against China, came amid fears that the measures would disrupt the global economy, roiling stock markets around the world.
Mr. Trump ordered the tariffs as a response to his concerns over the flow of migrants and drugs, particularly fentanyl, into the United States. While he included a partial carve out for Canadian energy and oil exports, the president acknowledged over the weekend that his tariffs, which cover countries that account for more than a third of the products brought into the country, could cause “some pain” for consumers.
Mr. Trump said on Monday that he’d also spoken with Prime Minister Justin Trudeau of Canada, whose country has already announced retaliatory levies of 25 percent on U.S. goods, and that they would talk again in the afternoon. China, for its part, vowed to file a case against the United States at the World Trade Organization and take “corresponding countermeasures to firmly safeguard its rights and interests.”
Mr. Trump signaled on Sunday that Europe could be his next target…
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