Mexico and EU revamp trade agreement days before Trump takes office with threat of tariffs
- The European Union and Mexico have agreed to a revamped free-trade agreement days before Donald Trump's return to the White House, marking a significant update to their 2000 trade accord that covered only industrial goods.
- The agreement will allow Mexican companies to bid for government contracts in Europe and EU companies for those in Mexico, while also ensuring duty-free trade in goods including agricultural products.
- The deal is seen as a way for Mexico to reduce its reliance on the United States and gain better access for various products, including orange juice and tuna.
- European Commission President Ursula von der Leyen stated that the deal proves that open, rules-based trade can deliver for prosperity and economic security.
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Total News Sources0
Leaning Left5Leaning Right9Center3Last UpdatedBias Distribution53% Right
Bias Distribution
- 53% of the sources lean Right
53% Right
L 29%
C 18%
R 53%
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