Trump and Mexico's president say tariffs would be suspended for one month after talks

The United States and Mexico agreed Monday to postpone a 25% duty on all Mexican imports for one month after Mexico promised to increase border security, avoiding, at least for the time being, a step that might have raised costs for U.S. consumers and halted both nations' economies.

Mexican President Claudia Sheinbaum said on social media that the country will immediately fortify its northern border with 10,000 soldiers of the National Guard to combat drug trafficking from Mexico into the United States, notably fentanyl.

Tariffs imposed by the United States on Mexico have been "paused for a month," Mexican President Claudia Sheinbaum announced in a post on Monday, immediately after speaking with President Donald Trump. Trump later verified the news in his own social media post.

Trump did not mention the U.S. working to prevent weapons from being trafficked into Mexico, but confirmed the 10,000 Mexican troops being deployed to the border "to stop the flow of fentanyl, and illegal migrants into our Country."

Trump stated that the United States will continue border security discussions with Mexico, which will be led by Secretary of State Marco Rubio, Treasury Secretary Scott Bessent, and Commerce Secretary Howard Lutnick.

The tariffs on Canada remain in effect, but Trump is scheduled to talk with Prime Minister Justin Trudeau at 3 p.m. ET.

Trump said Monday afternoon that he wants to discuss tariffs with China within the next day or two.

The action comes after Trump signed an executive order on Saturday imposing a 25% tax on practically all items imported into the United States from Canada and Mexico beginning Tuesday. Trump also imposed a 10% tax on all Chinese imports and worked to fix a loophole that allows Chinese e-commerce businesses such as Temu and Shein to escape duties by sending products worth less than $800 into the United States duty-free.