Economy

Claudia Sheinbaum Celebrates U.S. Decision Against New Tariffs on Mexico, Strengthening Bilateral Ties

Positive Developments in U.S.-Mexico Trade Relations

Mexican President Claudia Sheinbaum expressed relief and satisfaction on Thursday following the announcement by U.S. President Donald Trump that no new tariffs would be imposed on Mexican exports. This decision marks a significant moment in the ongoing trade discussions between the two nations.

Building a Stronger Relationship Through Dialogue

During a press conference, Sheinbaum highlighted the importance of dialogue and cooperation in fostering a "good relationship" between the U.S. and Mexico. Foreign Minister Marcelo Ebrard also mentioned Mexico's intentions to negotiate better conditions for aluminum and steel exports, underscoring the country's commitment to fair trade practices.

Background on Recent Trade Measures

The announcement comes after Trump had previously introduced a 25% duty on Mexico's exports, set to take effect on April 2. However, it was clarified that goods included in the United States–Mexico–Canada Agreement (UMSCA) would be exempt from these tariffs, providing some relief to Mexican exporters.