Germany Bets on Mexico as U.S. Tariffs Bite Both Sides

2026-03-20 - 12:10

Key Points — Mexican President Claudia Sheinbaum and German President Frank-Walter Steinmeier met in Cancún to deepen trade and investment ties, with Steinmeier declaring German companies are in Mexico “to stay” — Both leaders endorsed the EU-Mexico trade agreement expected to be signed in May, which would expand access to the EU’s 450-million-consumer market —