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Mexican executives cheer Rowan for pushing U.S.-Mexico deal

  • Mexican President Claudia Sheinbaum affirmed on Wednesday that Mexico is committed to preserving the USMCA deal involving the United States and Canada.
  • Sheinbaum said the USMCA replaced NAFTA in July 2020 after President Trump pushed for renegotiation during his first term amid a global trade war.
  • Sheinbaum emphasized the USMCA's benefits for all three countries but acknowledged ongoing issues in automotive, steel, and aluminum sectors they are addressing.
  • Sheinbaum described the USMCA as one of the strongest trade deals ever and emphasized that it is essential for competing against Asian economies, especially China.
  • Mexico replaced China as the US's largest trading partner in 2023, with over 80% of Mexican exports going to the US, reinforcing the importance of maintaining the USMCA.
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Pagina3 - Periodismo humano con misión social broke the news in on Tuesday, May 6, 2025.
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