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Euronews
Euronews
AP with Indrabati Lahiri

Mexico rejoices dodging new US tariffs, but still hit by economic woes

Mexico celebrated on Thursday after dodging the latest round of tariffs from the White House, which took aim at dozens of US trading partners around the world. The nation was nonetheless reminded that in a global economy, the effects of uncertainty can’t be entirely avoided.

President Claudia Sheinbaum said the free-trade agreement signed by Mexico, Canada and the US during Trump's first administration had shielded Mexico. These countries aren't affected by the 10% baseline tariff introduced on many goods coming into the US.

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