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Mexico Says It Will Enter 2026 USMCA Review From Strength After Averting Tariff Threats

Officials cite duty-free access plus two-way trade heft as the basis for negotiating leverage.

Overview

  • Economy Secretary Marcelo Ebrard told ruling-party lawmakers that Mexico has kept the USMCA in force through November after U.S. tariff threats, including a floated 25% levy.
  • More than 80% of Mexican exports to the United States currently enter duty-free, a figure he says gives Mexico a favorable starting point for the talks.
  • Ebrard said the treaty review will begin in January 2026, with Mexico positioned as the top supplier to the U.S. and a principal buyer of U.S. goods.
  • He argued that nearshoring dynamics and new global tariffs provide Mexico a cost advantage over Vietnam, South Korea and the European Union for U.S.-bound exports.
  • The government plans to cut import dependence by bolstering steel, semiconductors, aviation, textiles and AI, including a national AI language announced for November.