The president of Mexico, Andrés Manuel López Obrador, upon seeing the fall of the stock markets, is looking for a different scheme that largely depends on President Trump, he noted. In the president's words: "We have done our homework and we have not closed the door to dialogue; this month many agreements have been reached." All this to protect Mexico and Mexicans within the framework of the sovereignty and dignity of the country.
According to the U.S., there could be an agreement at a "middle ground" regarding tariffs. Although these have economic implications for Mexico, in the short term they have affected the United States more, as the Mexican peso experienced a slight drop without exceeding 21 pesos per dollar.
The head of government of Mexico City, Claudia Sheinbaum, stated that if Trump's tariff measures continue, her administration will make significant decisions and seek other trade partners, as well as an approach with Canada. In a conference, Sheinbaum emphasized that in the strategy to be followed there will be no submission and highlighted the economic strength of the country.
The declaration of the president arose prior to a scheduled call with Trump to discuss the tariff issue and the call to the Zócalo in the capital, regardless of the outcome of the conversation. She emphasized that the U.S. Secretary of Commerce was already seeking a scheme for an agreement and that the final decision rests with the U.S. president.
Sheinbaum indicated that the decisions made in her government would be announced and among the measures considered is the search for an approach with Canada and other trade partners. In response to the influence of tariffs, the president stressed that they affect Mexico, but primarily impact the United States, as reflected in the recent fall in the U.S. stock markets.
