Mexico and US reach deal on immigration, avoid tariffs

Trump backed down on his threat to slap tariffs on Mexican imports after Mexico agreed to take strong measure to stop the flow of migrants through the southern border.
4:50 | 06/08/19

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Transcript for Mexico and US reach deal on immigration, avoid tariffs
we'll check back with you soon. We transition now to president trump suspending his threat on tariffs. The U.S. And Mexico reaching an agreement at the southern border and white house correspondent Tara Palmeri is on the north lawn with the latest. Tara, good morning. Reporter: Good morning, whit. It's been a tense couple of days over here. Negotiators have been scrambling since president trump threatened to slap tariffs on Mexican goods. They were worried it could cause an economic crisis, not just affecting U.S. Businesses, but also consumers on everything from the price of cucumbers to car parts. Overnight the president backing down on his threat to slap tariffs on Mexican goods after Mexico agreed to new measures to stop the flow of migrants through the u.s./southern border. They're letting millions of people walk up through their country. Reporter: After touching down in Washington, trump tweeting that the 5% on Mexican goods set to take effect on Monday are, quote, hereby indefinitely suspended. Mexican and U.S. Officials emerging with a deal late Friday night after three days of frantic negotiations. Mexico agreeing to a show of force sending 6,000 troops to its southern border with Guatemala. In Mexico we take unprecedented steps to increase enforcement to curb irregular migration. Reporter: The Mexican government also vowing to crack down on human trafficking and smuggling networks. Those crossing the U.S. Southern border to seek asylum will be rapidly returned to Mexico where they may await adjudication of their asylum claims. Reporter: The 11th hour deals comes as the president faced opposition from his own party. Well, there's not much support in my conference for tariffs. Reporter: Trump threatened to increase the tariffs every month until they reach 25% or until Mexico took steps to curb the flow of migrants. Both Democrats and Republicans feared U.S. Consumer would bear the brunt of the costs. Tara Palmeri is back with us from the white house and, Tara, we've seen president trump touting this deal on Twitter but he didn't get everything he wanted. That's right, whit. President trump originally demanded that all asylum seekers from Central America apply for asylum in Mexico and not the U.S., but Mexico managed to skirt that part of the deal. President trump also promised on Twitter that Mexico would buy more U.S. Agricultural products, but that language never made it in the deal either. All right, Tara Palmeri at the white house, thank you. Whit and Tara, thank you both. A lot to talk about. Let's bring in a ringer, ABC news chief political analyst Matthew dowd who joins us from Texas. Matthew, good morning. The president faced a lot of criticisms from both parties for threatening tariffs, but this this new deal even though he didn't get everything he wants looks like it could be spun as a victory so what say you? Well, I think you could spin it right now as an apparent success. But two things related to it, I think. First is we often know that what the president says happened or what he says was promised doesn't actually follow through. We remember full well all his conversations related in north Korea. It doesn't often come through the way it's supposed to happen and I'll give you a golden state reference in this. Just because Steph curry hits a three-point shot in game two doesn't mean he's won the series and there's a lot more things that have to happen related to our economy, related to other trade relations with other foreign countries and specifically related to Mexico as I say from how they follow through so a lot more to go on this path to success. And there are signs of late that our economy is slowing down, though, let me stay on this immigration issue. I want to show you some numbers that appear to be on the president's mind as he threatens tariffs against Mexico. 144,000 migrants were stopped at the southern border in may alone. That puts the U.S. On track to reach a million migrants stopped at the border this year. That would be double last year's number. So cutting down on illegal immigration, as we all know, was a huge campaign issue for the president in 2016. If he doesn't bring these numbers back down, do you think that will hurt him with his base in 2020 or is he bulletproof there? Well, I think that's the real question. I don't think it will lessen his margin. I think he's got a pretty solid third of the country in this, but I think it's a question of motivated they'll be if this signature thing he said he wanted to do he hasn't been successful and he hasn't built that many, as we know, hasn't built that many miles of wall as he promised in this, so I think, one, in 2020 and we're a long way away he will be judged on that signature promise and whether or not he did stop the flow of illegal immigration and he's going to be judged on the state of the economy and both those things I think are in question as we head into 2020. Matthew dowd, always great to see you on a Saturday morning, thank you very much, sir. Great, great to be here.

This transcript has been automatically generated and may not be 100% accurate.

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