Mexico’s exports to the United States reached an unprecedented $505.851 billion in 2024, highlighting the robust bilateral trade between the two nations – despite potential tariff implications
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The GN troops were deployed to the U.S.-Mexico border to enhance security and prevent fentanyl trafficking, following an agreement with the United States that temporarily suspends proposed tariffs on Mexican goods
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The Mexican federal executive also confirmed Mexico’s participation in the upcoming Community of Latin American and Caribbean States meeting on Jan. 30
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U.S. President Trump also reiterated his tariff threats and encouraged corporations to return manufacturing to the United States during a talk at the Davos World Economic Forum
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President Trump’s inaugural actions include declaring a national emergency at the U.S.-Mexico border, reinstating immigration policies and designating Mexican cartels as terrorist organizations
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The gathering comes just days before Donald Trump begins his second term as President of the United States, which could threaten the Mexican and Canadian economies should his threatened tariffs come to fruition
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Though Mexican President Claudia Sheinbaum refuted the claims, she also noted her optimism that her government will have “a good relationship” with the Trump administration
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The seizure contained more than 1,500 kilograms of fentanyl pills, which amount to 20 million doses and is valued at approximately $400 million
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Canadian Prime Minister Justin Trudeau and Ontario Premier Doug Ford reportedly previously said the two North American countries “cannot be compared” when it comes to border issues raised by U.S. President-elect Donald Trump
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Trump later took to social media to characterize the discussion between the neighboring federal executives as “very productive”
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