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The Mexican government will announce progress on negotiations over Trump's tariffs tomorrow.
Wednesday, March 12, 2025 - 17:15
Fuente: El Economista

Economy Secretary Marcelo Ebrard announced that this Thursday he will announce progress in Mexico's negotiations regarding the tariffs the United States has imposed or plans to impose.

Mexico's Secretary of Economy, Marcelo Ebrard, announced that this Thursday he will announce progress in Mexico's negotiations regarding the tariffs the United States has imposed or plans to impose.

"We'll see you at tomorrow's morning press conference to give you details on the steel and aluminum issue, as well as the progress of the talks leading up to April 2, the date on which the United States will announce the new trade policy to be implemented over the next four years. Mexico will move forward," Ebrard said on the social media platform X.

This week, Ebrard made his third visit to Washington to negotiate with his American counterparts the exclusion of the tariffs ordered by President Donald Trump, both generally and by sector.

Starting this Wednesday, a 25% tariff on U.S. imports of steel, aluminum, and products derived from both metals originating around the world went into effect.

Also, since March 4, U.S. Customs has imposed a 25% tariff on imports originating in Mexico and Canada if they do not comply with the rules of the free trade agreement between these three nations (USMCA).

Ebrard will continue negotiations with Jamieson Greer, head of the White House Trade Representative, and Howard Lutnick, Secretary of Commerce, until April 1.

The U.S. Department of Commerce is expected to submit a comprehensive trade deficit study to Trump on April 2 and make recommendations on tariffs. On that date, the reciprocal tariffs are scheduled to go into effect.

“On April 2, we're going to move to a reciprocal tariff, and hopefully, Mexico and Canada will have done a good enough job on fentanyl that that part of the conversation will be off the table and we'll move on to just talking about reciprocal tariffs,” Lutnick said last week.

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El Economista