President Donald Trump signed new executive orders on Monday. Trump signed an Executive Order calling for the creation of a Sovereign Wealth Fund. Trump also touched on Mexico, agreeing to pause tariffs. Mexican President Claudia Sheinbaum agreed to send 10,000 border agents of her country’s national guard to address drug trafficking. “Mexico will reinforce the northern border with 10,000 members of the National Guard immediately, to stop drug trafficking from Mexico to the United States, in particular fentanyl,” Sheinbaum said on X.
@realdonaldtTrump via Truth Social: “I just spoke with President Claudia Sheinbaum of Mexico. It was a very friendly conversation wherein she agreed to immediately supply 10,000 Mexican Soldiers on the Border separating Mexico and the United States. These soldiers will be specifically designated to stop the flow of fentanyl, and illegal migrants into our Country. We further agreed to immediately pause the anticipated tariffs for a one month period during which we will have negotiations headed by Secretary of State Marco Rubio, Secretary of Treasury Scott Bessent, and Secretary of Commerce Howard Lutnick, and high-level Representatives of Mexico. I look forward to participating in those negotiations, with President Sheinbaum, as we attempt to achieve a “deal” between our two Countries.”
Trump’s tariffs against Canada and China are still slated to go into effect on Tuesday. Meanwhile, Trump ordered the U.S. Treasury and Commerce Departments to create a sovereign wealth fund and said it may purchase TikTok.
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