How is Mexico handling the Trump tariffs?

Mexican President Claudia Sheinbaum gives her state of the nation address at the National Palace in Mexico City, Tuesday, Sept. 1, 2026. (AP Photo/Fernando Llano) (AP Photo/Fernando Llano)Social SharingLISTEN | FRONT BURNER:Front Burner25:45How is Mexico handling the Trump tariffs?As the trade war between Canada and the U.S. continued to deepen this week, U.S. commerce secretary Howard Lutnick and Mexican President Claudia Sheinbaum spoke ahead of a fourth round of negotiations between the two countries later this month. 

Today, we look at the view from Mexico, the other partner in the CUSMA trio. What are the big table stakes in Mexico’s negotiations with the US? What kind of tightrope is Sheinbaum walking? And how could whatever happens between Mexico and the U.S. affect Canada? 

Alex González Ormerod is a Mexico City-based analyst and the founder and director of The Mexico Political Economist where he covers Mexican business news and policy for a global audience.

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