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Mexico Secures Exemption from New U.S. Tariffs in Diplomatic Win

President Claudia Sheinbaum and Economy Minister Marcelo Ebrard celebrate the achievement as Mexico prepares for further trade negotiations with the U.S. over the next 40 days.

A drone view shows trucks crossing into the United States via the Zaragoza-Ysleta border bridge, in Ciudad Juarez, Mexico, April 2, 2025. REUTERS/Jose Luis Gonzalez/File Photo
A worker sands metal at a plant that produces parts for large electric vehicles in Mexico City, Wednesday, April 2, 2025. (AP Photo/Fernando Llano)
Mexico's President Claudia Sheinbaum addresses the media following U.S. President Donald Trump's announcement of auto industry tariffs, at the National Palace, in Mexico City, Mexico April 3, 2025. REUTERS/Henry Romero/File Photo
Bundles of copper cables sit at a plant that produces parts for large electric vehicles in Mexico City, Wednesday, April 2, 2025. (AP Photo/Fernando Llano)

Overview

  • U.S. President Donald Trump announced sweeping global tariffs on April 2, 2025, exempting Mexico and Canada from the new measures while maintaining prior tariffs.
  • Mexican officials, including President Claudia Sheinbaum and Economy Minister Marcelo Ebrard, praised the exemption as a significant diplomatic success tied to the strong bilateral relationship with the U.S.
  • President Sheinbaum emphasized the importance of collaboration and mutual respect in securing Mexico's preferential tariff treatment under the USMCA framework.
  • Economy Minister Ebrard outlined Mexico's goal to negotiate improved trade conditions with the U.S. over the next 40 days, with a focus on addressing tariff impacts on the automotive sector.
  • Mexico remains in ongoing dialogue with the U.S. to ensure economic stability and strengthen trade ties amidst the broader context of U.S. protectionist policies.