Tens of thousands of people packed into Mexico's City main plaza on Sunday to celebrate with President Claudia Sheinbaum a decision by the U.S. to postpone tariffs on many of the country's goods.
Mexican President Claudia Sheinbaum rallies with supporters after the US postpones 25% tariffs on many imports from Mexico.
Tens of thousands of people packed into Mexico's City main plaza on Sunday to celebrate with President Claudia Sheinbaum a decision by the U.S. to postpone tariffs on many of the country's goods.
The crowd clutched large Mexican flags and yelled, 바카라Mexico is to be respected!바카라 as they cheered on Sheinbaum.
바카라Fortunately, dialogue and respect have prevailed,바카라 she told the crowd.
The celebration comes just days after U.S. President Donald Trump postponed 25% tariffs on many imports from Mexico for a month, saying Sheinbaum had made progress on drug smuggling and illegal immigration.
Sheinbaum had planned to announce any retaliatory measures on Sunday but instead held a mass celebration.
While threats persist, the president said she was optimistic tariffs would not be applied to Mexico and that she would continue to act with a 바카라cool head바카라 in the face of Trump.
Among Sheinbaum's supporters was Roberto González, a 68-year-old computer scientist who raised a sign that read 바카라we are united Mexicans."
바카라The unity of the country is very important,바카라 said González, adding that is the only way Mexico would be able to 바카라face one of the largest powers in the world."
Also cheering on the president was Mariana Rivera, a 40-year-old social activist who held up a massive Mexican flag as high as her arms allowed.
Despite the dark clouds hanging over the country, the activist said she was convinced that 바카라the president will overcome everything.바카라
Analysts say they don't expect the jubilant ceremony to alleviate the climate of uncertainty that threatens new investments and the Mexican economy, but that it would help Sheinbaum consolidate internal support against Trump, who is setting the pace of bilateral relations with his powerful rhetoric.
바카라This is an event designed more for internal politics,바카라 said political scientist and academic Javier Rosiles Salas, stating that Sheinbaum will seek to strengthen her image and leadership with Sunday's event.
Rosiles Salas told The Associated Press that despite concerns in Mexico about the economic impacts that a tariff war with the United States 바카라 its main trading partner and destination of more than 80% of Mexican exports 바카라 could unleash, the confrontation with Trump has been 바카라very profitable for Claudia Sheinbaum바카라 and has allowed her to achieve popular support of over 60% five months into her term.
Although the 62-year-old president appears strong now, it is not clear whether her political support would weaken if the Mexican economy deteriorated because of tensions with the U.S.
For now, the projections of specialists and rating agencies are not favorable. Most analysts agree that if general tariffs are imposed, Mexico could face a contraction of more than 1% of the Gross Domestic Product.
A prolonged climate of uncertainty doesn't favor Mexico, according to Samuel Ortiz Velásquez, professor of the Faculty of Economics at the National Autonomous University of Mexico.
After phone conversations with his counterparts in Mexico and Canada, Trump decided last Thursday to pause until April 2 the general tariffs for products that are under a trilateral trade agreement. In early February, Trump also suspended tariffs after Sheinbaum promised to send 10,000 national guards to the northern border to contain drug trafficking.
Despite the agreements, Trump's decision on the 25% tariffs on steel and aluminum from Mexico and Canada, which are scheduled to come into effect on March 12, remains in limbo.