Mexican President Claudia Sheinbaum announced on Thursday that ongoing dialogue and cooperation with the United States have resulted in Mexico being excluded from the new tariffs unveiled by U.S. President Donald Trump. This development was reported by Yahoo Finance. During a press conference, President Sheinbaum expressed that this exclusion is beneficial for Mexico, as it maintains favorable trade conditions.

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Mexico’s Economy Minister Marcelo Ebrard hailed the exclusion as a “great achievement,” emphasizing that Mexico has secured preferential tariff treatment for goods related to the USMCA treaty. Ebrard, speaking at the president’s daily morning press conference, highlighted that Mexico’s objective over the next 40 days is to negotiate the best possible trade conditions.

According to data from the IndexBox platform, Mexico’s trade relations with the United States are crucial, as the U.S. remains one of Mexico’s largest trading partners. The exclusion from the tariffs is expected to bolster Mexico’s economic stability and enhance its export capabilities, particularly in sectors covered by the USMCA agreement.

Source: IndexBox Market Intelligence Platform