After concluding the third round of bilateral talks from July 21 to 23 in Mexico City, Mexico and the United States agreed to hold the fourth stage in the first half of September.
The Ministry of Economy reported that the negotiations, led by Secretary Marcelo Ebrard and trade representative Jamieson Greer, allowed progress on steel, aluminum, value chains and substitution of Asian imports.
President Claudia Sheinbaum held a meeting with Greer at the National Palace, where both noted advances in the T-MEC review and other bilateral agreements. “We advanced in the T-MEC review and bilateral agreements for the benefit of both peoples,” Sheinbaum wrote.
Ebrard clarified that the 10 percent tariff on forced labor announced by the United States does not affect about 80 percent of Mexican exports that comply with T-MEC rules. Mexico maintains its tariff advantage, as 85 percent of exports enter with zero tariff.
