Mexico seeks best trade terms under new U.S. tariff policy: economy minister-Xinhua

Mexico seeks best trade terms under new U.S. tariff policy: economy minister

Source: Xinhua

Editor: huaxia

2025-10-15 09:32:45

MEXICO CITY, Oct. 14 (Xinhua) -- The Mexican government aims to secure the most favorable trade conditions possible as the United States implements new tariff measures, Mexican Economy Minister Marcelo Ebrard said Tuesday.

Speaking at a meeting of the Business Coordinating Council, Ebrard said trade representatives from both countries are reviewing bilateral differences ahead of the scheduled 2026 review of the United States-Mexico-Canada Agreement.

One of Mexico's goals, he said, is to reduce or offset the impact of tariffs announced by U.S. President Donald Trump through discount schemes that would benefit Mexican exports.

"Our ultimate goal is to ensure that Mexico's conditions are better than those of any other country," Ebrard said.

The minister added that talks with Washington are "very advanced," with both sides identifying the specific costs of recent U.S. measures. The objective, he said, is to remove as many "irritants or potential disputes" as possible before November.