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Mexican President Claudia Sheinbaum looks on during her daily press conference at Palacio Nacional in Mexico City, Mexico, on Sept. 4, 2025. Yuri Cortez/AFP via Getty Images
Mexican President Claudia Sheinbaum on Oct. 27 said that she and U.S. President Donald Trump have agreed to extend bilateral trade talks to discuss outstanding issues, ahead of a deadline at the end of this week.
Sheinbaum said during her regular morning press conference that she spoke to Trump on Oct. 25, “and we’re going to give it a few more weeks to close the already well-advanced issue of the 54 non-tariff barriers that are still pending.”
“We agreed to talk again in a few weeks, because we’re practically wrapping up this issue, because November 1st is finally the deadline we had both set for ourselves of three months,” the Mexican president said, according to an official transcript of her remarks.
Sheinbaum said she and Trump agreed to talk again “in a few weeks.”
The Epoch Times contacted the Office of the United States Trade Representative for updates on the progress of the U.S.–Mexico deal, but did not receive a response by the time of publication.
Trump first announced plans to raise tariffs on Mexico, Canada, and China over their roles in facilitating the flow of fentanyl into the United States, with Mexico and Canada facing a 25 percent tariff.
On July 12, the U.S. president said he would raise the tariff to 30 percent, but on July 31, he agreed to extend the existing arrangements with Mexico for 90 days as both parties continued efforts toward signing a new trade deal.
Trump said in a Truth Social post at the time that Mexico “will continue to pay a 25 percent Fentanyl Tariff, 25 percent Tariff on Cars, and 50 percent Tariff on Steel, Aluminum, and Copper. Additionally, Mexico has agreed to immediately terminate its Non Tariff Trade Barriers, of which there were many.”
The U.S. president said that the complexities of a deal with Mexico would be different from those with other trading partners, due in part to the border issue.
“There will be continued cooperation on the Border as it relates to all aspects of Security, including Drugs, Drug Distribution, and Illegal Immigration into the United States,” he wrote.
U.S. President Donald Trump speaks during a press conference in the Oval Office at the White House in Washington on Oct. 15, 2025. Jonathan Ernst/Reuters
Sheinbaum said on Oct. 27 that she and Trump had only discussed the commercial aspects of the deal, and when pressed by a journalist on immigration or security, the Mexican president said she and her U.S. counterpart “don’t touch on that topic anymore.”
“We have an understanding,” she said. “And we'll talk again about business in the coming weeks.”
Talks With Canada Canceled
The United States’ ongoing trade negotiations with Mexico come as Trump canceled trade talks with Canada and announced a 10 percent increase in tariffs on Ottawa.
On Oct. 23, Trump said he was terminating all trade negotiations with Canada over a TV ad campaign sponsored by the provincial government of Ontario opposing U.S. tariffs. The ad features the voice and images of the late Republican President Ronald Reagan speaking against protectionist measures.
Trump suggested the ad campaign was meant to interfere with an upcoming U.S. Supreme Court hearing on his administration’s tariffs.
“The Ronald Reagan Foundation has just announced that Canada has fraudulently used an advertisement, which is FAKE, featuring Ronald Reagan speaking negatively about Tariffs. The ad was for $75,000,000. They only did this to interfere with the decision of the U.S. Supreme Court, and other courts,” Trump wrote on Truth Social.
“Tariffs are very important to the national security and economy of the U.S.A.,“ he wrote in all-caps. ”Based on their egregious behavior, ALL TRADE NEGOTIATIONS WITH CANADA ARE HEREBY TERMINATED.”
On Oct. 27, Trump said he had no plans to meet with Canadian Prime Minister Mark Carney any time soon.
Carney told reporters the same day in Malaysia that he had not spoken with Trump since Oct. 23. The prime minister said he remained “ready” to meet with Trump, and that Ottawa and Washington had made “considerable progress on a supplement to the trading relationship that we had.”
Omid Ghoreishi and Matthew Horwood contributed to this report.
Victoria Friedman is a UK-based journalist covering a wide range of international stories, with a particular interest in technology, eastern Europe, and defense.
