Overview
- President Claudia Sheinbaum said Wednesday that Mexico will keep backing the three‑party T‑MEC trade pact even as the United States chose to negotiate separately with Canada and Mexico.
- Sheinbaum told reporters she is seeking reductions of U.S. tariffs on steel, aluminum and automobiles that she called unjust and harmful to Mexico’s economy.
- Mexico says most of the 54 non‑tariff issues raised by the U.S. — including proposals on drug approval recognition, intellectual property and anti‑piracy measures — are largely resolved but a small set remain under negotiation.
- Sheinbaum held a virtual meeting with U.S. Commerce Secretary Howard Lutnick as part of the bilateral talks and said Mexico will not sign agreements that affect national sovereignty or damage its economy.
- If talks fail to secure tariff rollbacks the ruling could slow parts of North American supply chains and raise costs for Mexican exporters, so negotiators and markets will watch whether Washington drops or limits further tariff rounds.