Mexico Seeks Better Trade Agreements with the U.S.: Sheinbaum

Mexico Seeks Stronger Trade Agreements

Sheinbaum Highlights Industry Progress

Efforts Underway for Trade Balance

Mexican President Claudia Sheinbaum announced on Thursday that she held a phone call with US President Donald Trump.

She emphasized her administration’s goal of securing improved conditions for key sectors such as the automotive, steel, and aluminum industries.

During her daily press conference, Sheinbaum stated that while no specific agreement was reached during the conversation, both governments expressed a clear willingness to move forward with enhanced trade deals.

“What’s important is that we are working on it, and there’s a mutual desire between the U.S. and Mexico to reach better agreements,” she said.

Mexico Seeks Trade Agreements with the United States

Claudia Sheinbaum also mentioned that Mexico’s Secretary of Economy, Marcelo Ebrard, is in ongoing talks with automotive manufacturers.
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The president also pointed out that despite recent progress in trade negotiations, there is still a need to significantly improve conditions for the aforementioned industries.

“We want better conditions for the automotive, steel, and aluminum industries,” she stressed.

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Sheinbaum noted that Secretary of Economy Marcelo Ebrard continues to meet regularly with automotive industry representatives.

“We will join those meetings,” she added, noting that, so far, there are no major production issues at Mexican plants.

The Importance of Trade Agreements

Mexico Seeks Trade Agreements with the United States – PHOTO: Shutterstock

While acknowledging that some adjustments are necessary due to decisions made by President Trump.

Sheinbaum described the phone call as “good and cordial,” focused on finding the best conditions to further strengthen bilateral trade relations.

“We’re working to improve the preferential status we currently enjoy,” she affirmed.

On social media, Sheinbaum described the conversation as “very positive,” adding that both leaders agreed to collaborate in enhancing the trade balance between the two countries.

She also mentioned that the Secretaries of Finance and the Treasury, along with those responsible for Economy and Commerce, would continue working in the coming weeks to find mutually beneficial alternatives.

In 2024, Mexico achieved a trade surplus of $172 billion with the United States, solidifying its position as America’s top trading partner.

This call—the sixth between the two presidents—occurred two weeks after their last contact on April 17.

Although Trump exempted Mexico from global tariffs under the USMCA on April 2, tariffs still remain on steel, aluminum, and cars assembled in Mexico outside of the United States.

With information from the EFE news agency.