Mexico grows confident on U.S. deal to cut steel, car tariffs
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10 Articles
Mexico not only maintains a “highly favourable” position in its trade relationship with the United States, but is increasingly approaching new agreements on tariffs imposed by the neighboring nation, said Marcelo Ebrard Casaubón, head of the Ministry of Economy (SE).
According to several Mexican officials familiar with the situation, the Mexican government is increasingly relying on a possible trade agreement with the United States that includes the reduction of tariffs on key exports such as steel, aluminum and light vehicles.According to officials, who requested anonymity for not being allowed to speak publicly about the negotiations, Mexico and the United States are working on the details of an agreement …
Mexico Grows Confident on US Deal to Cut Steel, Auto Tariffs
Mexico’s government is increasingly confident about a possible trade deal with the US that includes reduced tariffs on key exports like steel, aluminum and light vehicles, according to multiple Mexican officials familiar with the situation.
Mexican Economy Minister Marcelo Ebrard said that they are seeking a reduction in tariffs on steel, aluminum, and automobiles in negotiations with the United States. Ebrard stated that negotiations are ongoing regarding tariffs under Section 232, and that they are focused on protecting businesses and jobs.
The Ministry of Economy reported that our country is close to achieving a reduction of tariffs in the automotive sector with the US. Mexico works in agreement with the US to lower tariffs first appeared in Eleven News.
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