The President of Mexico, Claudia Sheinbaum, had a week with one good news and several bad ones. During a call with the President of the United States, a postponement of tariffs was achieved, which represented a momentary relief, but does not eliminate the possibility of a greater economic crisis for Mexico. Despite frequent meetings between the government and the Private Initiative, it is unclear how to face what lies ahead, including the revision of the T-MEC in 2026.
Sheinbaum and the Mexican government recognize the uncertainty in negotiations with Trump, as the American president can make unexpected decisions. Despite the postponement of the tariffs, it is confirmed that Trump intends to impose tariffs on several countries and Mexico must prepare for it. The communication between Sheinbaum and Trump has remained respectful and adapted, allowing for advance knowledge of possible tariff measures.
The president is aware of the need to prepare for a systemic crisis, where current efforts may not be enough. The possibility of reviewing the trade relationship with China and increasing trade barriers has been mentioned. Sheinbaum has highlighted the indiscriminate entry of Chinese products into certain regions of Mexico as a factor affecting the economy and security.
Despite the postponement of the tariffs, Sheinbaum maintains a cautious stance, recognizing the unpredictability of Trump and the need to prepare for possible adverse scenarios in the Mexican economy. During meetings with entrepreneurs, it was emphasized that the government has taken significant actions, but it was also warned that poor economic performance may not be the government's responsibility. Overall, the postponement of the tariffs is received as good news, although uncertainty remains regarding Trump's future decisions.
