President Claudia Sheinbaum said US tariffs against Mexico will be delayed for one month after a conversation with Donald Trump on Monday. “Tariffs were paused for a month from now,” Sheinbaum said in a post on X. The Mexican peso gained 0.8% after her comments/ Trump confirmed the information with a post on social media, adding that he looks forward to additional rounds of negotiation “as we attempt to reach a deal between our two countries.” Sheinbaum said she had reached several agreements with Trump during the phone call, and that both countries will start working on trade and security. (Source: Bloomberg)
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