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EU and Mexico rubber-stamp commerce deal forward of Donald Trump’s return

by Index Investing News
January 17, 2025
in Economy
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Your information to what the 2024 US election means for Washington and the world

The EU and Mexico on Friday agreed a long-delayed commerce deal as they search to scale back reliance on the US forward of Donald Trump’s return to the White Home.

The 2 sides will modernise their present settlement simply weeks after Trump threatened them with tariffs.

The deal, confirmed on Friday, follows an EU settlement with South American commerce bloc Mercosur in December.

Ursula von der Leyen, president of the European Fee, mentioned: “This landmark deal proves that open, rules-based commerce can ship for our prosperity and financial safety, in addition to local weather motion and sustainable growth.”

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