USMCA shields Mexico from Trump's new tariffs, says it will not retaliate - Aztec Reports
8 Articles
8 Articles
Mexico maintains an advantage with T-MEC following Trump's new tariffs; Global Trade Alert explains why it was among the least affected.
World trade faces new challenges and Mexico is preparing adjustments. Ebrard spoke about tariffs, national content and the T-MEC review.
MEXICO CITY.- The decision of the Donald Trump government to modify the legal framework that underpins the tariffs on Mexican products will not imply an effective increase in taxes for most of the country's exports, since about 85% of the shipments will continue to enter the United States at zero tariff when complying with the rules of origin of the Treaty between Mexico, the United States and Canada (T-MEC). The amendment announced by Washingto…
WHERE THE GOOD PART OF THE world once again took out the calculator to measure the impact of Donald Trump’s new tariff offensive, Mexico found an unexpected respite. Not because Washington’s protectionist threat has disappeared, but because the T-MEC again demonstrated that, beyond the political narrative, it remains one of the most valuable economic assets in the country. Global Trade Alert’s latest analysis confirms something that was already …
The United States (EU) will announce in the first week of August, tariffs for overcapacity of production, said Economy Secretary Marcelo Ebrard Casaubon. That’s why Mexico didn’t want to have a round of negotiations in August, because it wants to know how Mexican exports will be affected by those new tariffs. On the fact that there will be no bilateral negotiating round leading to the review of the Treaty between Mexico, the United States and Ca…
The head of the Ministry of Economy explained that it would make no sense to speed up a new meeting without knowing the system of tariffs that Washington will apply to other countries and competitors in Mexico.
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