Mexico won’t sign the new free trade agreement between the United States, Mexico and Canada (USMCA) unless the U.S. removes steel and aluminum tariffs on its two neighbors, deputy commerce minister, Juan Carlos Baker, warned during a visit in Ottawa, Canadian media reported.

According to the Mexican official, lawyers and translators are finalizing the text so all three countries can sign the document on Nov. 29 or Nov. 30., but just as Canada, Mexico won’t accept a quota system on metals as a way for the U.S. to remove the duties. 

Baker was also critical of Canada’s 25% surtax on some foreign steel products that took effect on Oct. 25, because the measure, the official said, has unfairly hit Mexican products.

You can read the whole story here.

MexicoNow

Related

- Asian manufacturers shift production work to Mexico amid trade war between US, China

- New North American trade deal makes Mexico more attractive to R&D, says top negotiator

- US Congress to vote on NAFTA replacement until next year

Login to Digital Content

Subscribe to our Newsletter Bulletin