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U.S., Mexico Reach Deal to Avoid Tariffs

Trade,Mexico,Tariffs

From the Center

President Trump dropped his threat of tariffs on billions of dollars of Mexican imports after negotiators reached a deal on measures to stem the flow of migrants pouring into the U.S. from Mexico, averting a potentially devastating trade fight for both countries.
Mr. Trump said the tariffs, which had been set to go into effect Monday, were โ€œindefinitely suspended,โ€ while Mexican President Andrรฉs Manuel Lรณpez Obrador said that, thanks to the support of all Mexicans, โ€œthe imposition of tariffs on Mexican products exported to the U.S. have been avoided.โ€ Mr. Lรณpez Obrador said a rally in Tijuana scheduled for Saturday would be held as planned to celebrate the deal.

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