Mexico's Sheinbaum says she and Trump agreed to extend trade deadline
The extension delays tariff hikes on Mexican goods as both presidents work to resolve 54 trade barriers, maintaining stability under the US-Mexico-Canada Agreement, Sheinbaum said.
- Mexican President Claudia Sheinbaum announced that the U.S. has extended the deadline for trade talks with Mexico for a few more weeks.
- Sheinbaum stated that there is currently no situation where special tariffs will be applied on November 1, emphasizing that progress is being made.
- The Mexican peso gained 0.29 percent to 18.38 per U.S. dollar following Sheinbaum's remarks, indicating market optimism.
- Discussions aim to resolve 54 outstanding trade barriers, emphasizing that they are practically closing this issue.
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59 Articles
Trump Gave Mexico More Time to Negotiate Trade Deal: Sheinbaum
Mexican President Claudia Sheinbaum on Oct. 27 said that she and U.S. President Donald Trump have agreed to extend bilateral trade talks to discuss outstanding issues, ahead of a deadline at the end of this week. Sheinbaum said during her regular morning press conference that she spoke to Trump on Oct. 25, “and we’re going to give it a few more weeks to close the already well-advanced issue of the 54 non-tariff barriers that are still pending.” …
With a phone call to his American counterpart, Donald Trump, President Claudia Sheinbaum conjured the entry into force of special tariffs on Mexican exports from November 1. “I spoke with President Trump on Saturday, and we are going to give a few more weeks to close the issue, which is already well advanced, of the 54 non-tariff barriers that are pending there.”
While Paris opposed the free trade agreement between the European Union and Mercosur, a change in the tone of President Macron sows doubt. Trade unions and NGOs call on the executive to clarify
The President of Mexico negotiated directly with her US counterpart and announced an extension to make further progress on trade, migration and security issues.
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