The Financial Times, citing people familiar with the matter, reports Trump pressed President Sheinbaum in mid-September to secure deals between Mexico firms and US energy companies, asked about possible sales of Mexican assets to US firms and discuss

2026-10-10

The Financial Times, citing people familiar with the matter, reports Trump pressed President Sheinbaum in mid-September to secure deals between Mexico firms and US energy companies, asked about possible sales of Mexican assets to US firms and discussed US–South Korea-style procurement arrangements and increased purchases of US energy. US officials discussed Mexico expanding imports of US natural gas to narrow Mexico's trade surplus; US gas already supplies roughly three-quarters of Mexico's gas demand. Mexico objected to the new energy demands, prompting postponement of formal trade talks slated for September; talks have not been rescheduled. Mexico seeks tariff relief on autos, steel and aluminum, but energy-sector national control is political sensitive. US officials say negotiations remain active and contacts continue.