President Trump has agreed to put tariffs on both Canada and Mexico on hold for now. Mexico will send 10,000 national guard troops to the border to prevent drug trafficking, while Canada has committed more resources to border security and fighting fentanyl trafficking.
Key Points
Tariffs on hold for now
Mexico to send 10,000 national guard troops to the border
Canada commits more resources to border security and fighting fentanyl trafficking
Pros
Tariffs on Canada and Mexico are put on hold, avoiding potential trade wars
Agreements made to strengthen border security and combat drug trafficking
Cons
Potential for tariffs to be implemented in the future
Uncertainty in trade relations between the US, Canada, and Mexico