Ebrard, in Milwaukee, strikes optimistic note on USMCA talks —’closer every day’
Mexico's economy minister was attending a G-20 event on Tuesday where he spoke with his counterpart, U.S. Trade Representative Jamieson Greer, and came away saying , “We are getting closer on many issues." The post Ebrard, in Milwaukee, strikes optimistic note on USMCA talks —’closer every day’ appeared first on Mexico News Daily
Economy Minister Marcelo Ebrard expressed optimism on Thursday about ongoing Mexico-U.S. trade negotiations, stating that they are "getting closer on many issues" and "making progress." Ebrard, who met with U.S. Trade Representative Jamieson Greer during his visit to Milwaukee, Wisconsin, highlighted the continuous growth of Mexican exports to the U.S. at a double-digit rate and the approaching bilateral trade worth nearly US $900 billion annually.
The main priorities for Ebrard remain negotiating the reduction of Section 232 tariffs that impact Mexican exports of automobiles and other materials such as steel, aluminum, and copper. He also emphasized maintaining the preferential tariff treatment for shipments that meet the requirements of the USMCA. Despite U.S. President Donald Trump's protectionist policies and tariffs, Ebrard remains confident that Mexico will maintain a favorable position in trade talks, comparing the country's situation to that of Turkey, Saudi Arabia, and other nations present at the G-20 summit.
Ebrard attributes Mexico's preferential status to President Claudia Sheinbaum's handling of relations with Trump and the economic integration between both sides of their shared border.
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