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How Canada and Mexico Could Grow Trade Amid U.S. Tariff Fallout

  • Mexican President Claudia Sheinbaum and U.S. President Donald Trump held discussions in May 2025 to resolve ongoing tariff disputes at the Mexico-U.S. Border.
  • These talks followed Trump's imposition of tariffs on Mexican steel, aluminum, and automobiles, despite Mexico being exempt from some reciprocal tariffs under the North American agreement.
  • Sheinbaum revealed a strategy to enhance security at Mexico’s northern border by deploying 10,000 National Guard personnel aimed at addressing issues related to unauthorized crossings and fentanyl smuggling, responding pragmatically to U.S. Concerns.
  • In 2024, U.S.-Mexico bilateral trade reached $840 billion, surpassing the $582 billion traded between the U.S. And China, highlighting the significant economic relationship. Sheinbaum noted that discussions remain ongoing and emphasized maintaining strong ties and open dialogue.
  • These diplomatic efforts have stabilized U.S.-Mexico relations, encouraging further investment and advancing Mexico's economic initiatives under Plan Mexico to boost industry and trade resilience.
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Periódico Expreso - Más Cerca de Ti broke the news in on Thursday, May 22, 2025.
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