Late last night, the United States and Mexico finally reached a deal to avert a new trade war between the two countries. President Trump announced the deal with a post on Twitter Friday evening that said that tariffs on Mexico had been “indefinitely suspended.”
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….
— Donald J. Trump (@realDonaldTrump) June 8, 2019
Details of the deal are sketchy but seem to closely mirror the Mexican offer that I detailed yesterday. Mexico had agreed to deploy 6,000 National Guard troops to its southern border with Guatemala as well as agree to asylum protocols that would require refugees to remain in the first country they entered after leaving their homeland while their case is processed.
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| LINK: Trump Gets Mexico Deal — and Once Again Backs Away From Tariffs |
The president also tweeted that Mexico agreed to buy “large quantities” of agricultural products from American farmers. American agriculture has been hit hard by the president’s tariff war with China, which greatly reduced US exports.
MEXICO HAS AGREED TO IMMEDIATELY BEGIN BUYING LARGE QUANTITIES OF AGRICULTURAL PRODUCT FROM OUR GREAT PATRIOT FARMERS!
— Donald J. Trump (@realDonaldTrump) June 8, 2019
A memo from the State Department notes that the US and Mexico committed to the following: --->Read the rest of the story HERE and follow link below to a related story:
Trump Gets Mexico Deal — and Once Again Backs Away From Tariffs
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