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Mexico Expects the United States to Lower some Tariffs in November: Se

Summary by El Economista
Mexico hopes that in November the United States will reduce the tariff for fentanyl and trade deficit from 25% to 12%, while the tariff for cars, trucks and steel will be completely eliminated, said Luis Rosendo Gutiérrez Romano, Undersecretary of Foreign Trade of the Ministry of Economy. “We would hope that before the end of the year we could have a good agreement for that tariff (IEEPA) that is 25% lower to 12%. Now, what has to do with the 23…
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Mexico hopes that in November the United States will reduce the tariff for fentanyl and trade deficit from 25% to 12%, while the tariff for cars, trucks and steel will be completely eliminated, said Luis Rosendo Gutiérrez Romano, Undersecretary of Foreign Trade of the Ministry of Economy. “We would hope that before the end of the year we could have a good agreement for that tariff (IEEPA) that is 25% lower to 12%. Now, what has to do with the 23…

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El Economista broke the news in on Tuesday, October 14, 2025.
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