Mexican President Says US Tariffs Will be Delayed for a Month
In an important development, Mexican President Claudia Sheinbaum said that US tariffs are poised to be delayed for a month. Indeed, Sheinbaum has reportedly spoken to United States President Donald Trump early Monday, with the commander-in-chief choosing to pause the import tax, according to a Bloomberg report. The development comes just days after Trump announced new tariffs on Mexia, Canada, and China. Moreover, the decision saw both Mexico and Canada announce a slew of retaliatory action on the US. Alternatively, the announced pause was beneficial to the Mexican peso, as it regained much of its losses. JUST IN: Mexican President Sheinbaum says tariffs from the United States are delayed for a month after a discussion with President Trump. — Watcher.Guru (@WatcherGuru) February 3, 2025 Also Read: Trump’s 25% Tariffs Trigger Oil Price Spike—But a 40% Crash Could Follow Mexico’s President Speaks with Trump as Tariffs Get Delay Less than a month into his returning presidency, Dona...