Late afternoon President Donald Trump informed the public that he is suspending his plan to impose tariffs after reaching a deal with Mexico.

In a tweet released late afternoon, Trump wrote – “I am pleased to inform you that The United States of America has reached a signed agreement with Mexico. The Tariffs scheduled to be implemented by the U.S. on Monday, against Mexico, are hereby indefinitely suspended.”
Trump also wrote – “Mexico, in turn, has agreed to take strong measures to stem the tide of Migration through Mexico, and to our Southern Border.”

Those are great news for the whole country but especially for the state of Texas, which was bracing for massive jobs losses because of heavy reliance on trade with our southern neighbor. Those are also great news for the trucking industry and trucking companies which are involved in transporting goods between the US and Mexico.

I am pleased to inform you that The United States of America has reached a signed agreement with Mexico. The Tariffs scheduled to be implemented by the U.S. on Monday, against Mexico, are hereby indefinitely suspended. Mexico, in turn, has agreed to take strong measures to….

— Donald J. Trump (@realDonaldTrump) June 8, 2019