The EU and Mexico on Friday agreed a long-delayed trade deal as they seek to reduce reliance on the US ahead of Donald Trump’s return to the White House. The two sides will modernise their existing agreement just weeks after Trump threatened them with tariffs.

The European Union and Mexico link arms to fend off the impact of tariffs threatened by incoming U.S. President Donald Trump.

The EU announced an agreement Friday with Mexico to strengthen their trade relations, three days before the inauguration of Donald Trump who has threatened both US partners with tariffs.

The EU announced an agreement Friday with Mexico to strengthen their trade relations, three days before the inauguration of incoming US president Donald Trump, who has threatened both with tariffs.

The EU has concluded negotiations with Mexico on an updated trade agreement, the European Commission announced in a press release on Friday. Mexico is the EU's second largest trading partner in Latin America after Brazil.

The European Union and Mexico have agreed to a revamped free-trade agreement days before Trump begins a second term

The agreement aims to boost both trade and economic security by de-risking supply chains, securing a sustainable supply of critical raw materials and tackling climate change, according to a EC statement on Friday.

Countries rearrange trade relationships according to geopolitical alliances as the world awaits a rise in US protectionism.

The European Union and Mexico revived a stalled free trade agreement on Friday, days before the return to the White House of Donald Trump, who has threatened both sides with tariffs. The two parties are seeking to update their trade accord from 2000,

Aerospace Industries Association, which represents U.S. planemaking and defense companies such as Boeing and General Dynamics, addressed the prospect of tariffs for the first time, saying in a statement it would discuss how to tailor them to protect national security and key industries.