Mexico to Sign TLCUEM 2.0 in May After U.S. Court Ruling

The Mexican government confirmed that it will sign the modernized Free Trade Agreement with the European Union (TLCUEM 2.0) in May, following a recent ruling by the Supreme Court of the United States that invalidated much of the tariff policy imposed by the previous U.S. administration.

Mexico’s Secretary of Economy, Marcelo Ebrard, said that negotiations on the updated agreement with the European Union were completed in January 2025 and that the deal is now ready for signing. He emphasized that the agreement will open new opportunities to diversify Mexican exports and strengthen trade ties with Europe.

Ebrard noted that despite the cancellation of several key U.S. tariffs, trade with the United States remains essential for Mexico, as a significant portion of the U.S. economy is linked to bilateral commerce between both countries.

The modernized TLCUEM aims to expand access to the European market, particularly for agricultural and fishing products, while also harmonizing investment rules, simplifying trade procedures, and strengthening digital commerce. Under the agreement, Mexican products such as orange juice, tuna, asparagus, and meat will gain improved access to Europe, while Mexico will gradually eliminate tariffs on European goods such as cheese, pork, wine, and chocolate.

The U.S. court ruling ended a central part of the previous administration’s trade strategy based on emergency powers, although U.S. authorities have announced plans to explore new legal mechanisms to impose global tariffs.

In this context, Mexico is reinforcing its strategy of market diversification and productive integration with Europe and North America, seeking greater stability and competitiveness amid ongoing uncertainty in global trade policies.