
Mexico’s President Reveals Tariff Delay is Linked to "Good" Interview with Trump
Mexico’s President, Andrés Manuel López Obrador, has confirmed that the planned tariffs on American goods have been delayed following a "good" interview with US President Donald Trump. In a surprise move, the Mexican government announced an indefinite delay to the 5% and 20% tariffs on American goods that were set to take effect on June 10th.
According to Mexican officials, the tariffs were postponed after a productive conversation between Trump and López Obrador, in which they discussed various issues, including trade and national security. The Mexican President revealed that the tariffs were "temporarily suspended" after the telephone call with Trump, citing the "good" tone of the conversation.
"We had a good conversation, a very good conversation, and we found a consensus on several matters," López Obrador said in a statement. "The sense of cooperation and respect between us was evident, and that’s what we need to strengthen our relations with the United States."
The announcement comes as a relief to Mexican businesses and American companies that rely heavily on trade with Mexico. The proposed tariffs were expected to have a significant impact on the economies of both countries, with many predicting job losses and inflationary pressure.
The delay in the tariffs is seen as a victory for López Obrador, who had been pushing for a more conciliatory approach in his dealings with the Trump administration. The Mexican President has been a vocal critic of Trump’s immigration policies, particularly the US-Mexico border wall, but has maintained that he is open to working with the US President on issues of mutual interest.
In the hours leading up to the planned tariffs, there were concerns that the move could lead to retaliatory measures from Mexico, which would have had a devastating impact on both economies. However, yesterday’s conversation between Trump and López Obrador appears to have alleviated those concerns, at least for the time being.
The decision to delay the tariffs has been welcomed by many business leaders in both countries, who had been bracing for the worst. "This is a major win for both countries, and a testament to the fact that diplomacy can be an effective way to resolve conflicts," said a spokesperson for the US Chamber of Commerce.
As the situation continues to unfold, many observers are watching closely to see what the future holds for the US-Mexico trade relationship. For now, the delay in the tariffs is seen as a positive development, but one that requires continued efforts from both governments to maintain a strong and cooperative relationship.