The United States Suspends Tariffs On Mexico

On February 3, 2025, Mexican President Claudia Sheinbaum reached an agreement with U.S. President Donald Trump to suspend the new tariffs on Mexican products and the retaliatory measures outlined in "Plan B". The two leaders reached this agreement during a phone call. where they also discussed key issues such as drug trafficking, irregular migration flows, and arms smuggling from the U.S. to Mexico. Read all the details here.

What's Happening? Trade War in North America

On February 1, 2025, U.S. President Donald Trump fulfilled one of his campaign promises by imposing tariffs on imports from Mexico, Canada, and China. These tariffs, enacted under the the International Emergency Economic Powers Act (IEEPA), marked an unprecedented application, according os U.S. trade policy. According to experts, the measure aimed to pressure these countries into taking stronger action against fentanyl exports to the U.S. and illegal migration. The tariffs were set as follows: