Feb. 3, 10:41 a.m. EST Trump said on Truth Social he had a “very friendly conversation” with Sheinbaum in which she “immediately” agreed to send 10,000 Mexican soldiers to the border, and confirmed they will pause the tariffs on the country’s imports for one month while his administration negotiates with Mexican officials.

A looming trade war between the U.S. and its top trading partners took a step back Monday when President Donald Trump said tariffs against Mexico won't go into effect for another month. Trump and Mexican President Claudia Sheinbaum announced the delay on social media two days after Trump ordered 25% tariffs against goods from Mexico and Canada,

THIS IS A BREAKING NEWS UPDATE: (AP) Worries about President Donald Trump’s tariffs are hurting U.S. stocks. The S&P 500 sank 1.7% in early Monday trading following similar losses for markets across Asia and Europe. The Dow Jones Industrial Average fell 557 points, and the Nasdaq composite dropped 2.1%.

Investors are waking up to US President Donald Trump's tariff threats on key trading partners after a brief honeymoon. On Saturday, Trump ordered 25% tariffs on goods from Canada and Mexico and a 10% tariff on China,

Investors braced for a potential trade war after President Donald Trump imposed tariffs on goods from Canada, Mexico and China and pledged future tariffs on the European Union.