Trump, Mexico’s Sheinbaum Plan Call as Tariff Deadline Nears

President Donald Trump and his Mexican counterpart Claudia Sheinbaum plan to speak by phone on Thursday morning, according to people familiar with the plans, as a Friday deadline to avoid a 30% tariff nears with no agreement between the US and its largest trade partner.

Talks between the governments, which saw Mexican Economy Minister Marcelo Ebrard and his negotiating team visit Washington multiple times to meet with Trump’s cabinet members, have reached the point where decisions must be taken at the leaders’ level, according to the people, who asked not to be identified without permission to speak publicly. Mexico made sincere and potentially persuasive proposals about how to rebalance trade between the nations, they said.