Mexico's Stance on US Trade Measures

Mexican President Claudia Sheinbaum announced on Wednesday that Mexico will not impose retaliatory tariffs in response to new US trade measures. Emphasizing the country's comprehensive economic plan, Sheinbaum highlighted ongoing discussions with Washington as a key part of Mexico's strategy.

Details of the Economic Plan

While specific measures were not disclosed, the President made it clear that Mexico's approach would not mirror the US's tariff-for-tariff strategy. This decision underscores Mexico's commitment to a more nuanced and strategic economic response.

Hope for Extended USMCA Tariff Pause

Sheinbaum also expressed optimism about the extension of the tariff pause under the United States–Mexico–Canada Agreement (USMCA). However, she indicated that her upcoming announcement would focus on broader economic strategies, signaling a forward-looking approach to trade relations.