Claudia Sheinbaum News Updates

Mexican President Claudia Sheinbaum said she’s addressing Trump administration concerns about the U.S. trade deficit with its neighbor by buying more American goods. 

Mexico’s economy and finance ministries are evaluating which products not currently covered by a bilateral trade deal might face new duties.

Sheinbaum has touted Olinia as a zero-emissions option for urban mobility that could help Mexico develop domestic supply chains and launch a national brand.

Ford has a plant in Chihuahua, GM and Stellantis operate five in Coahuila, Nissan has production in Aguascalientes while Guanajuato is home to complexes for GM, Ford, Honda, Mazda, Toyota and VW. 

Mexico’s Senate on Dec. 10 voted in favor of the bill that imposes tariffs of between 5% and 50% on more than 1,400 products from Asian nations that don’t have a trade deal with Mexico.

Sheinbaum said that talks with U.S. carriers will go on but the feeling is that cargo airlines are satisfied with the agreement over slots at two airports.

Mexican President Claudia Sheinbaum’s plan to impose steep tariffs on Chinese imports has been delayed until at least December as mounting opposition stalls congressional debate.

Trump sidestepped the question of how long he felt extending the deadline was appropriate. He said existing tariff rates were sufficient to convince car companies to move manufacturing to the U.S.

Trump had set a Nov. 1 deadline to raise the fentanyl-related tariffs he imposed on certain Mexican goods to 30% from 25%. The levies apply to products that are not protected by the USMCA.