Mexico Caves, Trump Wins In Less Than 48 Hours — Bittersweet Ending?

Well folks, Mexico has just caved and it didn’t even take 48 hours!

And….I’m not real happy about it, but more on that in a minute.

First, here was the announcement directly from President Trump on TruthSocial:

Watch more from Fox News here:

Mexico folded to Trump’s tariffs and is sending 10,000 guards to help protect the border.

Canada looks stupid for holding out now.
pic.twitter.com/HCb6OA6U3p

— Tim Young (@TimRunsHisMouth) February 3, 2025

NBC News explains that tariffs will now be delayed for at least one month:

The U.S. and Mexico reached an agreement Monday to delay a 25% tariff on all Mexican imports for one month, after Mexico agreed to ramp up security at its border — averting, at least for now, a move that could have driven up prices for U.S. consumers and stalled both countries’ economies.

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Mexican President Claudia Sheinbaum posted on social media that Mexico will immediately reinforce the northern border with 10,000 members of the its National Guard to address drug trafficking from Mexico into the U.S., particularly fentanyl.

President Donald Trump said in his own post on social media that the U.S. will continue negotiations with Mexico over border security, headed by Secretary of State Marco Rubio, Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick.

The move came after Trump signed an executive order Saturday to place a 25% tariff on nearly all goods coming into the U.S. from Canada and Mexico starting on Tuesday. Trump also placed a 10% tariff on all Chinese imports and took steps to close a loophole that allows Chinese e-commerce companies like Temu and Shein to avoid tariffs by shipping packages worth less than $800 into the U.S. duty free.

The move triggered retaliatory tariffs from Canada, and Mexico had threatened to do the same. China said it will challenge the tariffs at the World Trade Organization and take unspecified “countermeasures” in response.

Stocks fell Monday morning in response to the tariff announcement over the weekend, but recovered some of those losses following the agreement with Mexico. The U.S. imports more goods from Mexico than any other country, and economists and business groups had warned the tariffs could raise prices in the U.S. and trigger an economic slowdown.

During his first term, Trump had also threatened to place tariffs on Mexico, before backing away less than two weeks later when Mexico responded with plans to deploy its national guard throughout that country to crack down on immigration and expand a program in which some migrants seeking asylum in the United States would wait for their immigration court hearings in Mexico.

Trump also said on social media that he had spoken with Canadian Prime Minister Justin Trudeau Monday morning and would speak with him again in the afternoon. During comments Monday afternoon, Trump seemed to dismiss the need for trade with Canada and said the country had treated the U.S. unfairly.

“We don’t need them to make our cars. We don’t need them to give us lumber. We don’t need them for agricultural products, because we have all the agriculture we need,” Trump told reporters.

🚨 PRESIDENT TRUMP: “We don’t need Canada for ANYTHING… We have more energy than they do.

Why are we willing to lose $200 billion per year to them? We don’t need them!”

These are FACTS! pic.twitter.com/9fNTx9b7On

— Nick Sortor (@nicksortor) February 3, 2025

So, great win right?

Why am I not happy?

I loved the idea of tariffs and the External Revenue Service.

President Trump is the boss and he knows what he’s doing, but personally I’d rather keep the tariffs, keep the External Revenue Service, put ourselves on a path towards quickly abolishing the IRS, and I’m not all that excited about trading that future for 10,000 troops on the Mexican side of the border.

I’m excited to see what President Trump does next and what moves he still has up his sleeve, but I’m a little disappointed to see the tariffs go away.

How about you?