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Mexican president expects deal with U.S. to avert tariffs

0 Comment(s)Print E-mail Xinhua, February 26, 2025
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MEXICO CITY, Feb. 25 (Xinhua) -- Mexican President Claudia Sheinbaum said Tuesday that she expects a deal this week to prevent the United States from imposing a 25 percent tariff on Mexican exports.

At her daily press briefing, Sheinbaum said that she plans to speak with U.S. President Donald Trump to finalize the agreement and stressed the urgency of reaching a deal before March 4, when the suspension period negotiated with Trump expires.

Trump said Monday that tariffs on Mexico and Canada remain an option as part of his push for trade reciprocity, particularly with Europe.

Sheinbaum noted that Mexico has no tariffs on U.S. goods and that negotiations on trade and security are ongoing. "If tariffs are imposed, we have a Plan B, Plan C, Plan D, Plan E," she said, without providing details.

Last month, Trump suspended the tariff threat for 30 days, demanding Mexico and Canada take stronger action against fentanyl trafficking and illegal migration. In response, Mexico deployed 10,000 National Guard troops to its northern border, while the U.S. pledged to crack down on arms smuggling. Enditem

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