MNI EXCLUSIVE: Comments From Ex BoE Official Aikman

Eric Martin at Bloomberg reports on X that the US and Mexico are likely to sign a security cooperation agreement during Secretary of State Marco Rubio’s trip to Mexico City today. Bloomberg first reported that the agreement was close to completion last month, informing President Donald Trump’s decision to postpone a plan to raise tariffs on Mexico and potentially laying the groundwork for a wider trade agreement. 

• According to Bloomberg, the agreement is likely to cover “sharing more intelligence information, reducing the flow of fentanyl precursor chemicals into [Mexico] and cracking down on the flow of guns from the US.”
• Bloomberg wrote: “Addressing [fentanyl trafficking] in the new security deal would make it easier for negotiators to find common ground on other areas of conflict, such as tomatoes and steel."
• Mexican President Claudia Sheinbaum warned yesterday, in her first state of the nation address, that Mexico is willing to enter security agreements with the US around immigration and fighting cartels, but "without subordination," per Axios.
• PBS notes: “Sheinbaum has been able to dodge the brunt of Trump’s tariffs by going after Mexican cartels and their fentanyl production more aggressively than her predecessor. In recent months, the government has delivered dozens of cartel figures long wanted by U.S. authorities to the Trump administration.”
• Sheinbaum said yesterday: "Mexico is the country with the lowest average tariff percentage in the world, and we continue to work with the various state ministries of our neighboring country."

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