Hey there, San Miguel de Allende! Let’s talk about some hot news from our neighbors up north. So, grab a coffee, kick back, and read on!
In a surprising twist, Mexican President Claudia Sheinbaum just had a chat with none other than former President Donald Trump. Yes, you heard that right! The two leaders connected over the phone to hash out a deal that puts a 90-day pause on the tariffs Trump had planned to slap on Mexico. And let’s just say, the mood was all smiles—at least on their end.
Sheinbaum was pretty proud of the dialogue, taking to social media to share that they had a “very good call” (her words, not mine). The idea behind this pause is to give both sides some breathing room to work towards a better, more permanent agreement. No more playing hardball, at least for now.
Now, Trump was quick to confirm this little deal, emphasizing that the complexities of their trade relationship necessitate this extension. He wasn’t about to let Mexico walk away completely scot-free, of course—there are still some hefty tariffs on certain goods, like a 25% tax on fentanyl and cars and a whopping 50% on steel and aluminum. Ouch!
The plan for the next 90 days is pretty straightforward: both Sheinbaum and Trump will be chatting, negotiating, and trying to sort things out. They’re hoping to reach a long-term agreement before this temporary arrangement runs out. So, stay tuned because, let’s face it, it’s all a bit of a soap opera at this point.
So, what’s the takeaway here? On one hand, it’s good news for trade (at least for the next three months), but on the other hand, we’re not out of the woods yet. We’ll keep you updated as this saga unfolds, so don’t be a stranger!
Catch you later, folks! Keep sipping that coffee and stay chill!
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