Mexican President Claudia Sheinbaum Pardo announced that a potential tariff increase was avoided following a phone conversation with U.S. President Donald Trump, resulting in a 90-day period of dialogue aimed at building a long-term trade agreement. The president described the outcome as “the best possible agreement,” reaffirming Mexico’s position as an attractive destination for investment.
During her morning press conference, Sheinbaum explained that the conversation—lasting approximately 40 minutes—was conducted in a respectful tone toward Mexico. As a result, the United States–Mexico–Canada Agreement (USMCA) remains fully in effect with no additional tariffs, which she emphasized is critical to maintaining economic and trade stability.
Flanked by Economy Secretary Marcelo Ebrard Casaubon, Foreign Affairs Secretary Juan Ramón de la Fuente, and Deputy Secretary Roberto Velasco, Sheinbaum detailed that tariffs on key sectors such as steel, aluminum, and the automotive industry will remain unchanged, with applicable discounts for components produced within the USMCA region.
Sheinbaum stressed that maintaining a permanent dialogue table with the U.S. government is essential in the context of a new global trade order, reiterating that investing in Mexico continues to be a sound decision. She credited her negotiation strategy—based on calm, resolve, and adherence to core principles—as key to achieving the agreement.
Both Ebrard and De la Fuente praised the president’s leadership in the negotiations, highlighting her strength, diplomacy, and defense of national interests. They emphasized that Mexico is in a stronger position than many other countries facing U.S. trade policies and reaffirmed that talks will continue to build a broader, long-term agreement.
