BUSINESS Trump says US reaches agreement with Mexico to avert tariffs

BUSINESS

Trump says US reaches agreement with Mexico to avert tariffs

AFP

08:39, June 08, 2019

US President Donald Trump said late on Friday that Washington had reached an agreement with Mexico on migration, and that the punishing tariffs he had been threatening were "indefinitely suspended."

VCG111219719200 (1).jpg

Trucks are seen arriving at a border customs control to cross into U.S. at the World Trade Bridge in Nuevo Laredo, Mexico June 5, 2019. (Photo: VCG)

"I am pleased to inform you that The United States of America has reached a signed agreement with Mexico. The Tariffs scheduled to be implemented by the US on Monday, against Mexico, are hereby indefinitely suspended," he said on Twitter.

"Mexico, in turn, has agreed to take strong measures to stem the tide of Migration through Mexico, and to our Southern Border. This is being done to greatly reduce, or eliminate, Illegal Immigration coming from Mexico and into the United States."

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue