Mexico's Economy Secretary Marcelo Ebrard urged closing the window of uncertainty over the T-MEC as soon as possible and at the lowest cost, ahead of its 2026 review. At a national meeting, he highlighted the country's favorable trade position and the treaty's survival. He recalled early-year tensions from Donald Trump's tariff threats.
Marcelo Ebrard, Mexico's Economy Secretary, made these remarks at the First National Meeting of Economic Development Poles for Well-Being. He stated that Mexico holds a more favorable trade position today than anticipated at the year's start, particularly against international partners and competitors, opening a key opportunity.
"Our task is to close the window of uncertainty as soon as possible, at the lowest cost we can. That is the strategy," Ebrard emphasized. He recalled that the year's beginning was marked by high commercial tension, when President Donald Trump threatened 25% tariffs on Mexican products and to abandon the treaty.
"The most difficult moment is behind us," he said, explaining that Mexico faced that phase almost alone, before other countries activated reciprocal tariffs. For 2026, the T-MEC review is inevitable, but the official expressed confidence in its survival due to structural factors making Mexico indispensable to the US economy.
"It is evident that the treaty will survive," he assured, citing recent statements by Jamieson Greer, the US Trade Representative to Congress. Ebrard stressed that "time is on our side" to resolve the uncertainty, but warned of the risks from delays in development poles, which could cost thousands of jobs and lost investments.
"Every time we lose a month, two months, three months, five months, that will cost thousands of jobs. That investment won't come back," he cautioned.
