T-MEC
Ebrard notes persistent US-Mexico differences amid second round of T-MEC review talks
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In the ongoing review of the Mexico-US-Canada Agreement (T-MEC), Mexico's Economy Secretary Marcelo Ebrard highlighted persistent differences with the US, especially on tariffs and rules of origin, as the second round of bilateral talks continues in Mexico City. Mexico pushes for minimal trade barriers, while the US favors more tariffs and stricter rules.
Following preparatory meetings in Washington, US Trade Representative Jamieson Greer visited Mexico to meet President Claudia Sheinbaum, Economy Secretary Marcelo Ebrard, and business leaders. They agreed to launch formal T-MEC review negotiations the week of May 25 in Mexico City, with Mexico pushing to eliminate tariffs on steel, aluminum, and automobiles ahead of the July 1 review.
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Following last week's agreement, the first bilateral round of T-MEC review talks between Mexico and the United States, set for March 16 in Washington, will center on reducing reliance on Asian inputs, rules of origin, and supply chain security amid global tensions like Middle East conflicts, Economy Secretary Marcelo Ebrard said.
Interior Secretary Rosa Icela Rodríguez asked lawmakers from the Labor Party and Morena for support on key reforms, including perfecting the electoral system and reducing the workday to 40 hours. At plenary meetings, she stressed that the electoral initiative will be nourished by the people's voice. Economic challenges ahead of the 2026 T-MEC review were also discussed.
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Mexico's Economy Secretary Marcelo Ebrard stated that the review of the United States-Mexico-Canada Agreement (T-MEC) is progressing positively and is expected to conclude around July 1, 2026. During the January 15 morning press conference, Ebrard emphasized the professional dialogue with counterparts and the goal of strengthening the trade deal. He also revealed that Mexico's automotive industry pays an average of less than 13% in tariffs to the United States due to investments in North American components.
Leading business associations from Mexico, the United States, and Canada issued a joint statement defending the benefits of the T-MEC ahead of its 2026 review. They urge governments to extend the treaty for another 16 years to avoid uncertainty. This comes in response to recent warnings from President Donald Trump to let the agreement expire.
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Mexico's President Claudia Sheinbaum, U.S. President Donald Trump, and Canada's Prime Minister Mark Carney will hold brief meetings during the FIFA 2026 World Cup draw in Washington this Friday. While speculation surrounds potential economic talks on tariffs and the T-MEC review, the Canadian government confirms the focus will be solely on football. Business leaders from all three countries urge strengthening the trade agreement amid expiration threats.
Mexico-US Bilateral T-MEC Review Talks Set to Begin March 16 Amid Private Sector Optimism and Regional Developments
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