Mexico's President Sheinbaum says she doesn't believe US President Trump will withdraw from the USMCA

President Sheinbaum's assertion regarding Trump’s commitment to the USMCA may temper concerns about trade tensions affecting Mexico and the US.

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The CBO forecasts the US deficit to reach USD 3.115tln in FY36, or 6.7% of GDP, averaging 6.1% from FY27 to FY36

Newsquawk European Market Wrap - 11th February 2026

Mexico's President Sheinbaum says she doesn't believe US President Trump will withdraw from the USMCA

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If seen as stabilizing for trade relations, this could support the Mexican peso while providing a floor under other risk assets. Traders should monitor any further developments or shifts in trade policy that could impact cross-border markets.

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