Overview
- Economy Secretary Marcelo Ebrard said Mexico aims to “perfect” the pact with minimal changes, not a broad reopening, with a formal proposal to the president and Senate due in January.
- The consultation tour has completed 28 of 32 states, gathering input on U.S. farm subsidies, Section 232 tariffs, and the rapid labor mechanism that stakeholders say has largely been applied to Mexico.
- About 200 U.S. CEOs through the Business Roundtable asked Washington to remove Section 232 and IEEPA tariffs and restore full preferences, citing a 7.3% drop in bilateral trade since March.
- The USTR public docket logged 833 submissions by early November, with more than 70% arguing the U.S. tariffs on North American partners conflict with the agreement’s framework.
- Mexico’s auto industry group (AMIA) urged making the rapid labor mechanism truly trilateral and pressed the U.S. to honor parallel letters on Section 232, while U.S. consultations over Mexico’s energy policies remain active.