Mexico Expects U.S. Tariffs on Auto and Steel to Stay
Economy Minister Marcelo Ebrard says Mexico must move past the zero-tariff era as U.S. officials signal that duties on key industrial sectors will likely remain.
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Mexico Economy Minister Marcelo Ebrard has signaled a shift in trade expectations, urging domestic industries to move past the era of duty-free commerce as the United States maintains a firm stance on protectionist measures. Speaking on the sidelines of a recent event, Ebrard acknowledged that the current tariff landscape for the automotive, steel, and aluminum sectors is likely to persist, even as negotiations to revamp the U.S.-Mexico-Canada Agreement (USMCA) approach.
"We shouldn’t be nostalgic about a time when there were no tariffs."
