MEXICO CITY – Mexican President Claudia Sheinbaum’s dispassionate style on the campaign trail was once seen as such a political weakness that her opponent in the 2024 presidential election branded her “The Ice Queen”.

President Donald Trump issued exemptions on tariffs for a range of goods coming into the U.S. from Mexico and Canada — just two days after putting the sweeping tariffs in place — leaving investors and businesses grappling with the whiplash of Trump's back-and-forth trade policy.

President Donald Trump on Thursday signed executive actions that delay for nearly one month tariffs on all products from Mexico and Canada that are covered by the USMCA free trade treaty, a significant walkback of the administration’s signature economic plan that has rattled markets,