The announcement was made by the agency led by Marcelo Ebrard Casaubon, who detailed that the objective is to promote investment and strengthen competitiveness in North America. This context arises amid tariffs imposed on imports from China, which, according to the Mexican government, limit investment in global supply chains.
This request is aimed not only at eliminating tariffs but also at guaranteeing a stable environment for investments in Mexico’s strategic industrial sectors. Relevant topics such as economic security and investment conditions will be addressed in the negotiations of the USMCA. The Ministry of Economy emphasizes that this review should not increase trade conflict but rather reduce barriers to domestic trade and improve supply chain integration.
In this sense, it is important to note that Mexico has established itself as one of the main trading partners of the United States, at times surpassing Canada and China in goods trade volume. The Mexican proposal could help alleviate tensions stemming from past tariff policies, particularly those implemented during the Donald Trump administration, which faced criticism regarding their effectiveness.
The Mexican approach is framed within a bilateral agenda that includes the non-application of unilateral measures, the resolution of steel tariffs, and the preservation of automotive competitiveness under the USMCA. Thus, the goal is to raise levels of certainty for long-term investment and promote nearshoring, leveraging Mexico’s geographical location and potential as a key manufacturing hub.
