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The European Union and Mexico on Friday signed a deal reducing tariffs on each other's goods as both seek to lessen their dependence on trade with the United States. Mexico's President Claudia Sheinbaum (R) and European Commission President Ursula von der Leyen (L), next to President of the European Council Antonio Costa, pose for a picture after the signing of agreements during a press conference at the National Palace in Mexico City on May 22, 2026 The expansion of an accor