President Trump announced on Thursday that he and other White House officials spoke with Mexican President Claudia Sheinbaum and came to a temporary agreement on trade.
“The complexities of a Deal with Mexico are somewhat different than other Nations because of both the problems, and assets, of the Border,” Trump said.
As The Gateway Pundit reported, Trump threatened Mexico with 30% tariffs, citing their continued “failure to stop the Cartels.”
“Mexico has been helping me secure the border, BUT, what Mexico has done, is not enough. Mexico still has not stopped the Cartels who are trying to turn all of North America into a Narco-Trafficking Playground. Obviously, I cannot let that happen!” Trump said.
“If Mexico is successful in challenging the Cartels and stopping the flow of Fentanyl, we will consider an adjustment to this letter.”
JUST IN: President Trump Resumes Tariffs Against Canada, Mexico, and China
After speaking with Sheinbaum, Trump announced a 90-day agreement, where tariffs will remain at 25% on goods to hold Mexico accountable for the fentanyl crisis and on imported automobiles to incentivise American manufacturing. Trump’s 50% tariffs on imported steel, aluminum, and copper will also remain in effect.
Additionally, Mexico has agreed to terminate all non-tariff trade barriers as the United States works to negotiate a trade deal over the next 90 days, Trump said.
It can be recalled that Trump slapped 25% tariffs on Mexican imports to combat the flow of illegal aliens and fentanyl under the International Emergency Economic Powers Act in February, as well as 25% tariffs on “all cars that are not made in the United States.”
Full statement below:
I have just concluded a telephone conversation with the President of Mexico, Claudia Sheinbaum, which was very successful in that, more and more, we are getting to know and understand each other. The complexities of a Deal with Mexico are somewhat different than other Nations because of both the problems, and assets, of the Border. We have agreed to extend, for a 90 Day period, the exact same Deal as we had for the last short period of time, namely, that Mexico will continue to pay a 25% Fentanyl Tariff, 25% Tariff on Cars, and 50% Tariff on Steel, Aluminum, and Copper. Additionally, Mexico has agreed to immediately terminate its Non Tariff Trade Barriers, of which there were many. We will be talking to Mexico over the next 90 Days with the goal of signing a Trade Deal somewhere within the 90 Day period of time, or longer.
Present at the meeting were Vice President JD Vance, Secretary of Treasury Scott Bessent, Secretary of State Marco Rubio, Secretary of Commerce Howard Lutnick, United States Trade Representative and Ambassador Jamieson Greer, Chief of Staff Susie Wiles, and Deputy Chief of Staff for Policy, and United States Homeland Security Advisor, Stephen Miller. There will be continued cooperation on the Border as it relates to all aspects of Security, including Drugs, Drug Distribution, and Illegal Immigration into the United States. Thank you for your attention to this matter!
The post JUST IN: President Trump Announces Deal with Mexico for 90 Days with Continued Fentanyl Tariffs appeared first on The Gateway Pundit.