22.5 C
Delhi
Monday, March 2, 2026

Mexico continues negotiations with US on tariffs concerning steel, and automotive sectors

Date:

Share post:

Mexico City: After a phone conversation with her U.S. counterpart, Mexican President Claudia Sheinbaum has decided to continue negotiating the tariff issue concerning the steel, aluminum and automotive sectors.

At her daily press conference on Thursday, Sheinbaum said while the conversation did not focus on the United States-Mexico-Canada Agreement (USMCA), which will be reviewed in 2026, it did address issues in key sectors such as the automotive industry, as well as steel and aluminum exports.

“In principle, we continue to talk about trade and tariffs. Remember that we, in the case of the automotive (sector), have a very preferential situation for Mexico, although we would still like more … and we continue working on steel and aluminum,” she said.

It had been agreed that high-level meeting on trade attended by members of both governments, including Mexican Economy Secretary Marcelo Ebrard, will be held on Friday, she added.

Related articles

India issues advisory for nationals in Israel amid security situation

Tel Aviv: The Embassy of India in Israel has issued an advisory urging all Indian nationals in the...

RBI’s tightened credit norms to reshape proprietary trading: CRISIL

New Delhi: Fresh directions issued by the Reserve Bank of India (RBI) on credit facilities to capital market...

DRDO conducts three successful VSHORADS flight trials at ITR Chandipur

New Delhi: Three successive flight trials of Very Short-Range Air Defence System (VSHORADS) was conducted by the Defence...

Big military campaign ongoing against Iran, says Trump as Israel joins air strikes

Washington/ Tehran: President Donald Trump has described the attack on Iran as "massive and ongoing," as the United...