President Claudia Sheinbaum’s abilities to deal with a major crisis were on full display as President Trump’s tariffs on Mexican goods were paused for a month.

Mexico and the United States have reached a one-month agreement to stave off tariffs and a looming trade war, the threat of which sent global markets tumbling early Monday. The 25% tariffs on Mexico were set to go into effect Tuesday,

U.S. tariffs of 10% on Chinese imports came into effect on Tuesday, risking a renewed trade war between the world's top two economies as President Donald Trumppunishes China for not halting the flow of illicit drugs.