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CBS News reports:

Mexico has agreed to U.S. demands that it tighten its borders to stop the flow of illegal Central American immigrants from coming into the U.S. through mexico. The deal suspends steep tariffs on imported Mexican goods that were to go into effect on Monday.

The tariffs raised fears that they could cripple some American businesses and raise prices for American consumers on everything from cars to produce.

The deal came after three days of lengthy negotiations to stop the flow of mostly Central American migrants into the U.S. by traveling through Mexico. In a joint declaration, Mexico agreed to increase its enforcement efforts along their southern border with Guatemala, including deploying their national guard troops.

Mexico also agreed to take action against human smuggling and trafficking organizations.

"The tariffs scheduled to be implemented by the U.S. on Monday, against Mexico, are hereby indefinitely suspended," the president tweeted. "Mexico, in turn, has agreed to take strong measures to stem the tide of migration through Mexico, and to our Southern Border."

Pompeo followed the president's tweet with a statement.

"We would like to thank Mexican Foreign Minister Marcelo Ebrard for his hard work to negotiate a set of joint obligations that benefit both the United States and Mexico," Pompeo said. "The United States looks forward to working alongside Mexico to fulfill these commitments so that we can stem the tide of illegal migration across our southern border and to make our border strong and secure."

The agreement leaves open the possibility that the deal could be altered if progress is not considered sufficient. "Both parties also agree that, in the event the measures adopted do not have the expected results, they will take further actions," the agreement said.

Under the agreement, the U.S. will also "immediately" expand its Migrant Protection Protocols, also known as the "Remain-in-Mexico" policy, which started at the end of January. Individuals who are trying to come to the U.S. to seek asylum are to be returned to Mexico to wait for their asylum claims to be heard in court. Mexico said that it will offer jobs, healthcare and education to the asylum-seekers.

In a series of tweets Saturday morning, Mr. Trump continued to defend his last-minute decision not to implement tariffs, blaming the media for perceived negative reporting.

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