U.S. President Donald Trump has called off the implementation of tariffs on all Mexico imports just three days before they were due to be imposed.
The two countries struck a deal on Friday to avert a tariff war, with Mexico agreeing to rapidly expand a controversial asylum program and deploy security forces to stem the flow of illegal Central American migrants.
Trump had threatened to impose 5% import tariffs on all Mexican goods starting on Monday (June 10th) if Mexico did not commit to do more to tighten its borders. An additional 5% duty would have been implemented every month from July 1 until reaching 25%.
In a joint declaration after three days of talks in Washington, both countries said Mexico agreed to immediately expand along the entire border a program that sends migrants seeking asylum in the United States to Mexico while they await adjudication of their cases.