US President Donald Trump suspends scheduled import tariffs against Mexico as the two nations reach an agreement on immigration
US President Donald Trump has called off the 5% import tariffs, scheduled to be imposed Monday, against Mexico.
The tariffs were “indefinitely suspended” as the two nations reached a signed agreement on immigration on Friday.
President Trump had threatened to impose 5% tariff on Mexican goods if the country didn’t abide by the new measures for tackling migration at the US-Mexico border.
According to a US-Mexico joint declaration, released Friday evening, Mexico agreed to take in a larger share of migrants seeking asylum in the US.
Mexico has also agreed to employ sterner means to control the outflow of Mexican migrants to the United States.
The country will deploy national guards to its southern border to curb human smuggling.
Mexico’s Foreign Minister, Marcelo Ebrard confirmed that the deal did not include the Trump administration’s proposal.
The proposal demanded a return of asylum seekers from Guatemala to Mexico and Honduran and Salvadoran asylum seekers to Guatemala.
“I think it’s a fair balance,” said the Foreign Minister.
The Friday agreement has come after three days of exhaustive deliberations in Washington DC between officials from both governments.
President Trump tweeted, “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.
Mexico, in turn, has agreed to take strong measures to stem the tide of Migration through Mexico, and to our Southern Border.”
He further added, “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!”