Sheinbaum Rules Out Retaliation After Trade Agreement with Trump

• Sheinbaum confirms no immediate response to Trump’s tariffs.
• Agreement with the U.S. delays the 25% tariffs on Mexican products by one month.
• The Mexican president emphasizes strengthening self-sufficiency and internal development.

Mexican President Claudia Sheinbaum stated on Thursday that after reaching an agreement with Donald Trump to postpone the 25% tariffs on Mexican products for one month, her administration does not plan an immediate response to these measures.

During her morning press conference, Sheinbaum noted that since the tariff implementation has been delayed until April 2, any reaction or countermeasure is currently unnecessary.

Previously, Sheinbaum had planned to address the tariffs with a public statement from Mexico City’s Zócalo on March 9.

However, given the new circumstances, she now sees no need to maintain a confrontational stance.

Sheinbaum Chooses Self-Sufficiency and Development Over Retaliation

The president emphasized that instead of reacting to tariff threats, Mexico should focus on strengthening its economic sovereignty.

This includes boosting domestic production, reducing reliance on imports, and reinforcing the internal market.

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Sheinbaum pointed out that economic growth should be accompanied by social well-being, ensuring that Mexican citizens directly benefit from national production.

She stressed that this strategy aims to reduce vulnerabilities to future trade pressures.

Sheinbaum highlighted the importance of developing key sectors such as energy and agriculture to enhance national self-sufficiency.

By producing more energy and food domestically, Mexico could decrease its exposure to international trade conflicts.

For Sheinbaum, this approach not only strengthens the domestic economy but also ensures greater long-term stability.

«Self-sufficiency,» she explained, «is key to navigating uncertain scenarios and protecting Mexico’s sovereignty.»

During her phone call with Trump on Thursday, Sheinbaum emphasized that both leaders agreed on the importance of maintaining a cooperative relationship based on mutual respect.

She described the conversation as “excellent and respectful”, underscoring the unprecedented results achieved in bilateral cooperation.

Mexico, she added, will continue seeking balanced trade relations, ensuring that both nations benefit without resorting to unilateral threats.

Sheinbaum reiterated that any future negotiations must respect the sovereignty of both countries to guarantee stable and lasting diplomatic relations.

Trump’s proposed tariffs pose a serious economic threat to Mexico, considering that the U.S. is its largest trading partner.

In 2023, Mexico exported nearly $490 billion worth of goods to the U.S., representing 30% of its GDP.

For this reason, Sheinbaum insisted that strengthening the domestic market is essential to reduce vulnerability to future trade pressures from Washington.

She also emphasized that the upcoming USMCA review in 2026 will be a crucial opportunity to establish fairer and more balanced agreements.

SOURCE: EFE

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