🚨 Trump & Mexico Strike a Deal: Tariffs Paused, But For How Long? 🚨
Big moves in the US-Mexico trade war! 🇺🇸🇲🇽
President Trump and Mexican President Claudia Sheinbaum have paused US tariffs for one month. In return, Mexico will deploy 10,000 National Guard troops to its northern border to stop fentanyl smuggling.
📌 Key Takeaways:
✅ Mexico acts fast: Troops on the border to combat drug trafficking.
✅ US steps in: Will help curb illegal weapon trafficking into Mexico.
✅ The risk? If no long-term deal happens, a crushing 25% tariff will slam Mexican exports.
🌍 More Tariffs Coming?
Trump isn’t stopping at Mexico. Canada’s goods face 25% tariffs soon, with an additional 10% on energy exports. Prime Minister Trudeau is considering retaliation.
📉 Markets React
Stock markets dipped on fears of more trade uncertainty. Experts warn that these tariffs could push US Treasury yields to 5%, making borrowing more expensive.
🔥 What’s Next?
Trump calls tariffs a national security move, not a trade war, but he’s also hinted at slapping Europe with tariffs next.
💬 Your thoughts? Will Mexico and Canada cave, or is this just the start of a major trade war? 👇
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