Sheinbaum Says US-Mexico Trade Talks Progressing After Trump Call
Mexico's president says trade negotiations with Washington are advancing after a midweek call with President Trump, with Mexico seeking at least a tariff reduction.
Mexican President Claudia Sheinbaum said on Friday that trade negotiations with the United States are moving forward, following a phone conversation with U.S. President Donald Trump earlier in the week.
Speaking at her morning news conference, Sheinbaum said the two leaders frequently hold discussions that are not disclosed immediately, explaining that talks remain at a stage where no formal announcement or solution can yet be presented. She described the Wednesday call as "very good" but said specifics would only be made public once a final agreement is secured.
"What I can tell you is that we're making progress. The possibility of a U.S.-Mexico agreement is moving along well," she said.
The Mexican president also addressed the status of the United States-Mexico-Canada Agreement, noting that the pact has not formally lapsed because it was ratified by the legislatures of all three member countries. However, she said Washington's decision to raise tariffs means the agreement is no longer being applied in its original form, especially with respect to duties covering the vast majority of products.
Sheinbaum said Mexico hopes the North American trade framework will be preserved, and expressed respect for Canadian Prime Minister Mark Carney, who she said is pursuing the best possible terms for Canada.
For its part, Mexico remains in talks with the United States and is seeking at least a reduction in the tariffs currently in place, she added.