Trump's Tariffs: U.S. Will Pause Tariffs on Mexico for One Month
The news of President Trump’s tariffs on Canada, Mexico, and China is making headlines over all major and minor news outlets. As of this morning, it was reported that Trump will pause the plans for Mexico, according to CNN, “The president said on Truth Social that the delay was decided during a call with Mexican President Claudia Sheinbaum, during which she agreed to send 10,000 soldiers to the U.S.-Mexico border.”
"These soldiers will be specifically designated to stop the flow of fentanyl, and illegal migrants into our Country," Trump said.
As the news keeps evolving, Healthcare Purchasing News will report on relevant developments for its audience.
Regarding healthcare, according to the AP, in 2023, medical equipment was among the 10 top U.S. imports from Mexico, totaling $13.6 billion in goods, according to Census Bureau data.
According to a Nov. 22, 2024, article from Medical Device Network, “GlobalData estimates the US medical equipment market was worth $197.8bn in 2023 and is projected to reach $305.1bn in 2033 with a compound annual growth rate (CAGR) of 4.3%.”
Regarding China, the article stated, “Trump’s additional proposition to impose 60% tariffs on all Chinese imported products is likely to cause significant disruptions in the supply chain and will affect approximately 13.6% of the total US-marketed medical devices that are currently manufactured in China.”
Janette Wider | Editor-in-Chief
Janette Wider is Editor-in-Chief for Healthcare Purchasing News.