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Mexican President Claudia Sheinbaum announced Friday that negotiations with the United States to reduce heavy tariffs on Mexican goods are advancing following a positive phone call with U.S. President Donald Trump.
Speaking to reporters, Sheinbaum confirmed that she has spoken with Trump 22 times during her tenure to manage trade tensions.
Their latest discussion comes ahead of scheduled talks to renegotiate the 30-year-old North American free trade agreement.
Despite existing regional trade agreements, Washington has slapped 50 per cent tariffs on Mexican steel and aluminium while actively targeting the country’s automotive sector.
Mexico remains eager to secure its vital access to the American market, which receives roughly 80 per cent of all Mexican exports.
Foreign investors are closely monitoring the standoff, as many utilise Mexican manufacturing hubs to access the United States.
Beyond economic disputes, Trump continues to threaten higher tariffs unless Mexico halts illegal migration and drug trafficking, even offering to deploy U.S. troops against Mexican cartels.
Sheinbaum firmly rejected any foreign military presence, declaring that Mexican sovereignty remains non-negotiable.
