Mexican Foreign Minister Roberto Velasco expressed “cautious optimism” regarding ongoing trade talks with the United States. Following the collapse of US-Canada trade negotiations last month, Mexico is seeking its own agreement with Washington to decrease tariffs on significant Mexican exports, including cars and metals. Velasco indicated that while engagements have been positive, an agreement has not yet been reached, but he hopes for one in the "not-so-distant future." Further trade talks are anticipated in the coming weeks.
President Claudia Sheinbaum Pardo reiterated that Mexico aims to prevent the Trump administration from imposing additional tariffs and to reduce existing tariffs on steel, aluminum, and vehicles. She also noted Mexico's efforts to help reduce the US economic deficit by prioritizing American products. Mexico has become a significant exporter of electronics to the US, surpassing vehicle exports, and is the leading buyer of US goods and products globally.
However, Sheinbaum stressed that some issues remain stalled in negotiations due to concerns about national sovereignty, territoriality, and Mexico’s constitution. She affirmed that Mexico will not concede on these points, emphasizing that economic integration must always respect their sovereignty. She acknowledged that reaching a deal before the November US elections is uncertain, but both sides show strong interest. Economy Secretary Marcelo Ebrard is expected to travel to Washington, D.C. on September 28 to continue discussions.
These discussions occur amidst continued pressure from President Donald Trump, who recently criticized Mexico's fight against organized crime at the UN General Assembly, calling the country “the epicenter of organized crime” and threatening military action. Velasco, representing Sheinbaum at the UN, defended Mexico’s security efforts, citing a 51% reduction in homicides by July 2026. He asserted that Mexico can maintain international cooperation without compromising its sovereignty, advocating for shared responsibility and mutual respect in foreign policy.
