1 of 1
Story summary
- President Claudia Sheinbaum announced plans to increase U.S. imports and narrow Mexico’s trade deficit.
- She reported progress toward reducing tariffs on Mexican autos, steel, and aluminum.
- A fourth USMCA renewal round is scheduled for Sept. 28-29 in Washington.
- Sources said both sides aim to seal a deal before the Nov. 3 U.S. midterm elections.
- Mexico’s imports from China fell more than 28.4% in the first five months of 2026 after 50% tariffs.
