Ebrard: On US tariffs on Mexico

Marcelo Ebrard, Secretary of the Economy, acknowledged that it is unlikely the United States will remove the tariffs it has imposed on the automotive sector and the steel and aluminum industries; he also acknowledged that trade differences and significant uncertainty remain.

With the launch of the InnovaFest program, which aims to strengthen innovation by connecting talent with academia, businesses, and investors, the official also admitted that the review of the USMCA will not be easy, but assured that the government is making a great effort and that the visit by US officials is “a good step.”

Earlier, Mayor Claudia Sheinbaum held a meeting with the head of the Office of the US Trade Representative (USTR) during his visit to Mexico; in assessing the talks with the representatives, Ebrard stated that “Mexico presented its position. And that the ideal world would be to have no tariffs or as few as possible.”

“That doesn’t mean we agree on everything; nor will it be easy—there are many uncertainties—but we are going to make a great effort, and I believe this first step was a good one,” he added.