Trade Dynamics
avoided new U.S. tariffs aimed at global trading partners, crediting the trilateral free-trade agreement with and the U.S. for its protection. President emphasized focusing on existing U.S. tariffs on autos, steel, and aluminum.
Despite dodging new tariffs, the uncertainty affected Mexican and supply chains, prompting to pause production in Mexico and Canada, affecting 900 workers in the U.S.
Strategic Shifts and Innovations
Economy Secretary highlighted the continuation of tariff-free exports to the U.S. for many Mexican products, including agricultural goods. Sheinbaum urged companies to qualify for the free-trade agreement to enhance exports.
Sheinbaum's administration is pushing to accelerate domestic production, citing a partnership to produce electric buses for public transport as a step towards industrial sovereignty and technological advance.