U.S. Trade Representative Jamieson Greer has reportedly stated that the tariffs imposed by President Donald Trump on Mexico’s auto and steel sectors will continue, despite the upcoming renegotiations of the U.S.-Mexico-Canada Agreement (USMCA).
This information was shared with Mexican industry groups and top business leaders during meetings in Mexico City on Monday, including chambers representing commerce, automotive, and iron and steel sectors, as reported by Reuters on Tuesday.
The meetings were focused on the objectives for revamping the USMCA, with a review deadline set for July 1. Greer said tariffs are likely to remain, noting that Trump supports them and that a return to a zero-tariff global system is not expected, a source told the publication.
Greer also noted that U.S. officials are exploring ways to assist Mexico, but did not provide specific details. This marks the first time Greer has publicly stated that Mexico will have to contend with some level of tariffs, even after the USMCA is renegotiated this year.
The USMCA trade deal …
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