Mexico and the United States are continuing trade talks, although the two governments have not yet reached a full agreement on several issues tied to the USMCA review.
Mexican President Claudia Sheinbaum said progress has been made, but differences remain over issues including the U.S. trade deficit and several non-tariff barriers identified by Washington.
The United States has called for Mexico to purchase more U.S. goods and reduce sourcing from other countries as part of efforts to narrow the bilateral trade imbalance.
Mexico is evaluating which purchases could increase without disrupting domestic demand or existing supply chains. Additional imports of U.S. natural gas have been discussed, although the Mexican government is also seeking to expand domestic production and diversify its energy mix.
The negotiations also cover a group of non-tariff barriers raised by U.S. officials. Some may be addressed through joint adjustments, while others remain under discussion.
Mexico’s Economy Ministry, the Office of the U.S. Trade Representative, and the U.S. Commerce Department are involved in the talks. Both sides have recently said they are continuing to narrow differences ahead of the formal USMCA review.
Source: Uniradio Informa
