Trade
Mexico’s President Says She’s Sure Country Can Avoid US Tariffs
- Sheinbaum says Mexico to seek collaboration and agreement
- If US does impose tariffs Mexico has a plan, president added
Claudia Sheinbaum
Photographer: Stephania Corpi/BloombergThis article is for subscribers only.
Mexico’s President Claudia Sheinbaum is confident that her country can reach a deal with the US to avoid the 25% tariff threatened by US President-elect Donald Trump, she told reporters in Mexico City.
The US’s No. 1 trade partner has a plan if Trump does impose tariffs but Sheinbaum — who spoke with the president-elect on the phone on Wednesday — says she doubts it will be necessary to implement. Instead, she said Mexico and the US can collaborate in the face of Trump’s concerns on migration and drug-trafficking. She insisted that Mexico would not be subordinating itself to the US by doing so.