Fresh disconnected palmy negotiations that delayed further U.S. tariffs for astatine slightest 90 days, the Sheinbaum medication is present focused connected achieving a bilateral commercialized script that reduces the menace of caller tariffs.
After a 40-minute telephone telephone with President Claudia Sheinbaum, U.S. President Donald Trump agreed to hold the 30% tariff helium had threatened to enforce connected Mexico starting Friday connected products not covered by the USMCA free-trade agreement. Sheinbaum said the hold was the “best imaginable agreement.”
How Sheinbaum closed the woody connected this week’s tariff reprieve: Thursday’s mañanera recapped
As the 2 powers effort to found a communal solution to commercialized concerns, 1 contented astatine the apical of the database is Mexico’s increasing bilateral commercialized surplus.
“We are moving connected our commercialized argumentation to go little babelike connected countries with which we don’t person commercialized agreements and effort to bargain a small much from the United States without harming our industry,” Mexico’s Deputy Minister of Industry and Commerce astatine the Economy Ministry Luis Rosendo Gutiérrez told the paper El Economista.
Over the coming months, the Mexican authorities aims to place much U.S. merchandise root markets for companies established successful Mexico and promote firms to “buy American” to trim the commercialized surplus.
“We are moving to identify, by tariff code, what we import from Asia oregon from countries with which we don’t person a commercialized agreement, successful bid to bring successful immoderate products … from the United States,” said Rosendo.
“If not lone the authorities but besides backstage companies halt oregon trim purchasing from countries with which we bash not person a commercialized agreement, and purchases of U.S. products are strengthened, without generating inflation, it is intelligibly a mode to trim the U.S. commercialized deficit,” Sheinbaum said during her regular property league connected July 25.
Between January and May, Mexico’s commercialized surplus with the United States roseate by 16.6% to a grounds precocious of $79.442 billion, marking 5 consecutive years of record-breaking surpluses. This was acold higher than Canada’s commercialized surplus of $27.381 cardinal during this period.
Almost 85% of Mexican exports autumn nether the USMCA, portion a 25% tariff is imposed connected exports extracurricular of the agreement, with tariff discounts connected automotive exports. This puts Mexico successful a much favorable presumption than Canada, which present has 35% tariffs connected non-USMCA goods.
Rosendo praised Sheinbaum’s “cool-headed” dialog strategy for encouraging Trump to hold the projected tariffs.
Por instrucciones de la Presidenta @Claudiashein avanzamos en la mesa de negociación comercial bilateral con 🇺🇸@USTradeRep instalada el viernes pasado. Con la participación de @Hacienda_Mexico @SRE_mx y de @SE_mx @m_ebrard pic.twitter.com/zrvaYqKqz8
— Luis Rosendo Gutiérrez (@LuisRosendo_) July 17, 2025
“It seems to maine that what was seen with Canada’s differentiated attraction of Mexico is simply a reflection of the strategy each state has adopted,” said Rosendo. “From the beginning, Canada decided to instrumentality a somewhat much antagonistic relation with the United States.”
In a missive successful July, Trump told Sheinbaum of his volition to enforce a 30% tariff connected imports from Mexico because, successful his view, Mexico wasn’t doing capable to combat the trafficking of fentanyl to the United States.
However, Mexico has made significant advancement successful combating the fentanyl crisis successful caller months, having seized ample quantities of the synthetic opioid and dismantled implicit 1,000 clandestine labs wherever that cause and others were made.
Mexico’s Foreign Affairs Minister Juan Ramón de la Fuente said that pursuing the astir caller telephone with Trump, Sheinbaum instructed the negotiating squad to support and fortify channels of connection with the U.S. authorities arsenic it restores stableness to its North American commercialized relations.
With reports from El Economista, El Financiero, El Universal and The New York Times