Sheinbaum says had a good conversation with Trump. Tariffs paused for a month | Forexlive
Posted: Feb 03, 2025
- Mexican President Claudia Sheinbaum will deploy 10,000 national guard to the border to prevent drug trafficking to the US
- She announced that tariffs will be paused for a month after a 'good' call with Trump
- There is uncertainty whether the tariffs mentioned are US tariffs or Mexican counter-tariffs
- The market is interpreting the announcement as a pause to US tariffs, leading to a jump in risk assets and the S&P 500 index opening gap
What do people on Reddit think?
🚨 Reddit sentiment: mixed/negative - Comments reflect uncertainty and skepticism surrounding political negotiations and market stability, with some specifically expressing negative sentiment due to market volatility and manipulation. Summarized comments: - Shortest trade war in the history of capitalism implies the uncertainty of the situation - Market is experiencing a lot of volatility and unpredictability - There is skepticism about the reliability and trustworthiness of political agreements - Some users express frustration with market manipulation and the difficulty of reading signals - Mention of national guard deployment and border issues with cartels highlights political complexity Stock tickers discussed: $SMPL
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