Mexico’s government said it will continue talks with the United States and submit arguments aimed at preventing a proposed 10% additional tariff on Mexican exports.
The proposal was issued by the Office of the United States Trade Representative as part of a Section 301 investigation into whether several economies have sufficient rules and enforcement mechanisms to block imports of goods made with forced labor in third countries.
Under the preliminary plan, imports from Mexico, Canada, the European Union, Argentina, the United Kingdom and other economies would face an additional 10% tariff. A separate group of 46 countries could face a 12.5% tariff.
Mexico’s Economy Ministry emphasized that the measure is not final. The process still includes a 45-day period for comments, consultations and further discussions.
The ministry said Mexico will continue engaging with US officials through bilateral talks, as both countries prepare for broader discussions related to the USMCA review.
The proposal adds another point of tension to the trade relationship between Mexico and the United States, though Mexican officials expect the ongoing dialogue to help shape the final outcome.
Source: Enfoque
