Overview
- President Claudia Sheinbaum said on Monday that Mexico and President Trump are negotiating on two fronts: immediate tariff rollbacks for steel, aluminum and vehicles and a formal review of the USMCA trade pact.
- Mexico has rolled out new trade monitors for steel and a dedicated aluminum monitor as part of Plan México to track origin and stop third‑country inputs from entering U.S. markets under USMCA rules.
- U.S. Trade Representative Jamieson Greer welcomed Mexico’s monitoring steps, saying they align with U.S. concerns about Chinese or Vietnamese metal being routed through North America to skirt origin rules.
- Mexico reports Washington’s original list of about 54 demands has grown to roughly 90 items, and Secretary of Economy Marcelo Ebrard is leading Mexico’s response while rejecting proposals that would violate Mexican law.
- Diplomatic and press reports say negotiators are discussing a possible reduction in Mexico’s aluminum tariff from 50% to 25%, but Mexican officials have not confirmed any final deal and some investments remain on hold pending an outcome.