Mexico and Brazil's Big Trade Summit Yields Small Deals as Allies Pull the Latin American Giants in Separate Directions
Mexico prioritizes sectoral cooperation and regulatory updates with Brazil, avoiding a free trade pact like USMCA, despite $13.6 billion trade in 2024, officials said.
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Mexico and Brazil's big trade summit yields small deals as allies pull the Latin American giants in separate directions
Mexico and Brazil signed a plethora of agreements on agriculture, health and biofuels on Thursday, part of a plan to strengthen a trade framework inked more than two decades ago. However, the deals falls short of the trade pact the South American nation hoped to reach. President Claudia Sheinbaum hosted Brazil’s Vice President Geraldo Alckmin and a contingent of cabinet ministers and business leaders at the National Palace, where the sides negot…
Against US customs war: Brazil and Mexico underline cooperation through agreements on several sectors. The two countries already account for 70 percent of trade in Latin America.
Mexico Shuts Door on Brazil’s Free Trade Ambitions
Mexico’s president Claudia Sheinbaum firmly rejected a free trade agreement with Brazil before meeting vice president Geraldo Alckmin in Mexico City on August 28, 2025. She said Mexico seeks cooperation and regulatory updates, but not a pact resembling its treaty with the United States and Canada. Brazil arrived with a senior delegation that included cabinet […]
Mexico rules out free trade agreement with Brazil - Global Happenings
In conversation with journalists hours before Alckmin’s visit to the country, Mexican President Claudia Sheinbaum states that ‘we are thinking of a collaboration agreement’ EFE/ ISAAC ESQUIVEL President of Mexico Claudia Sheinbaum rules out the possibility of a new free trade agreement with Brazil The president of MexicoClaudia Sheinbaum, and the country’s secretary of economics, Marcelo Ebrard, ruled out the possibility of a new free trade agr…
The president of Mexico, Claudia Sheinbaum, and the secretary of the country's economy, Marcelo Ebrard, have rejected the possibility of a new free trade agreement with Brazil, the idea that both nations have had an incalculable time in the past. The decision came in the midst of the pressure that the two major economies in Latin America faced because of the commercial policies of US President Donald Trump. The declaration took place during a co…
Gerardo Villagrán del Corral Mexico and Brazil signed the Joint Declaration for the follow-up and implementation of trade and investment agreements, as well as those related to agriculture, health and energy issues, when it is announced that next week US Secretary of State Marco Rubio, one of the most extremist members of Donald Trump’s cabinet, will arrive in Mexico. Geraldo Alckmin Mexican President Claudia Sheinbaum said that with Brazil “we …
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