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Trump agrees to pause tariffs on Mexico, Canada after they pledge to boost border enforcement

  • President Donald Trump agreed to a 30-day pause on tariff threats against Canada and Mexico after both countries pledged to enhance border security, particularly against drug trafficking.
  • Mexico will deploy 10,000 members of its National Guard to its northern border to combat drug trafficking, especially fentanyl.
  • Canadian Prime Minister Justin Trudeau stated that his government would cooperate on border security and agreed to pause tariffs for at least a month.
  • The proposed tariffs were initially set to start at midnight Tuesday, with concerns that they could lead to a broader trade war and economic repercussions.
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Portfolio.hu broke the news in on Monday, February 3, 2025.
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