The U.S. has reached an settlement with Mexico that heads off the beginning of tariffs on Monday, President Trump mentioned in Friday evening tweets.
“I am pleased to inform you 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,” he mentioned. “Mexico, in turn, has agreed to take strong measures to….stem the tide of Migration through Mexico, and to our Southern Border. This is being done to greatly reduce, or eliminate, Illegal Immigration coming from Mexico and into the United States. Details of the agreement will be released shortly by the State Department. Thank you!”
Trump threatened Mexico earlier within the day tweeting “If we are unable to make the deal, Mexico will begin paying Tariffs at the 5% level on Monday!” Mexico was in a position to keep away from these tariffs on farm and agricultural merchandise, in line with Trump’s announcement.
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