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Sheinbaum Says Mexico Has World’s Lowest Average Tariffs, Credits T-MEC and U.S. Ties

She cites peso gains as proof of economic certainty.

Overview

  • At a January 2 briefing, the president argued that Mexico’s average tariffs are the lowest globally due to the USMCA framework and cooperation with President Donald Trump’s administration.
  • She acknowledged a 2025 drop in auto exports tied to U.S. tariffs and weaker U.S. demand, noting a fourth‑quarter rebound and saying she expects a recovery in 2026.
  • She reported that electronics shipments to the United States increased and helped lift overall exports, while Mexico became the leading purchaser of U.S. goods, signaling deeper bilateral integration.
  • Referencing The Wall Street Journal, she said Mexico is among the biggest beneficiaries of trade even with U.S. duties on steel, aluminum and autos.
  • She highlighted a 13.8% peso appreciation in 2025—its best annual dollar gain since 1991—alongside strong stock‑market performance, low unemployment and a 13% minimum‑wage increase.