EconomyLens.com
No Result
View All Result
Tuesday, November 3, 2026
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Economy

Mexico president hopeful of deal this week to avert US tariffs

David Peterson by David Peterson
February 24, 2025
in Economy
Reading Time: 4 mins read
A A
1
92
SHARES
1.1k
VIEWS
Share on FacebookShare on Twitter

Trucks queue to enter the United States from Mexico. ©AFP

Mexico City (AFP) – Mexico’s president said Monday she was optimistic about reaching an agreement with Donald Trump this week to avoid sweeping US tariffs, hinting at possible levies on Chinese goods to secure a deal. Claudia Sheinbaum said talks with Washington would continue this week in an effort to avoid the 25 percent tariffs that Trump agreed on February 3 to “pause” for a month. Teams from Mexico’s economy and finance ministries are in Washington, and if necessary, Sheinbaum said she would speak with Trump again by phone, adding: “Whatever it takes to reach an agreement.”

Related

Unions urge South Africa to save US duty-free trade deal

Italy holds security talks after European freezer cyberattacks

Bangladesh garment workers clash with police, defy call to end protests

German auto crisis deepens as supplier cuts over 3,000 jobs

Living costs, housing, job uncertainty fuel European youth anger

Asked about a Bloomberg News report that the United States was pushing her government to impose duties on Chinese imports, Sheinbaum said it was important to “prioritize those places where you have trade agreements versus others where you do not have them.” “We do not have a free trade agreement with China, for example… So that’s part of what is being worked on in this working group,” she added. Both Trump and Canadian officials have accused Mexico of being a gateway for Chinese products coming into North America.

In an apparent bid to ease those concerns, Sheinbaum recently presented a plan to replace Chinese imports with domestically produced goods. She signaled Monday that Mexico was open to an early review of its free trade agreement with the United States and Canada ahead of a 2026 deadline, saying it “can begin now.” “The issue is to reach an agreement that allows us to protect and guarantee that there are no tariffs between our countries,” she said.

Mexico faces mounting pressure from Washington to do more to curb illegal flows of migrants and drugs, particularly fentanyl. Sheinbaum called for a review of how the chemical precursors used to make the deadly opioid arrive in North America. “Do the precursors enter through the United States? We don’t know. Why is it only said that they enter through Mexico and Canada?” she said. According to the US Drug Enforcement Administration, Mexican drug cartels dominate the illicit fentanyl market using precursor chemicals mostly sourced from China-based suppliers.

© 2024 AFP

Tags: Donald TrumpMexicotariffs
Share37Tweet23Share6Pin8Send
Previous Post

EU vows to enforce digital rules despite Trump tariff warning

Next Post

Trump says Canada, Mexico tariffs moving ‘forward’ on schedule

David Peterson

David Peterson

Related Posts

Economy

Australian central bank lifts key interest rate to 18-year high

November 3, 2026
Economy

US to exclude South Africa, Rwanda from Africa duty-free trade deal

November 3, 2026
Economy

Belgian PM offers to quit over budget impasse

November 2, 2026
Economy

Germany says gas supplies ‘secured’ after missing storage target

November 2, 2026
Economy

Bangladesh garment sector: economic backbone under pressure

November 2, 2026
Economy

Bangladesh garment workers clash with police protesting higher wages

November 2, 2026
Next Post

Trump says Canada, Mexico tariffs moving 'forward' on schedule

Spain's Telefonica sells Argentina subsidiary for $1.2 bn

Bolivia inaugurates steel plant built with Chinese loan

Trump's chip tariff threats raise stakes for Taiwan

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
1 Comment
Oldest
Newest Most Voted
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

104

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

Unions urge South Africa to save US duty-free trade deal

November 3, 2026

Spain says to work ‘tirelessly’ to restore trust in trains after disasters

November 3, 2026

Lufthansa latest airline to flag ticket price hikes amid Iran war energy shock

November 3, 2026

Stocks wobble on concerns over AI and US midterms

November 3, 2026
From EconomyLens

Clear insights, straight to your inbox.

Get the stories and perspectives shaping the economy.

EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Your Privacy Choices

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2026 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.