Overview
- Mexico’s president met U.S. Trade Representative Jamieson Greer on Thursday to review the third round of T-MEC talks and to press Mexico’s case against higher U.S. tariffs.
- Greer has proposed Section 301 tariffs in bands near 10% and 12.5% for roughly 60 countries and told U.S. senators that trade outcomes may depend on Mexico’s cooperation on water and border security.
- Mexico’s Secretaría de Economía held a formal hearing to present arguments why Mexican goods should be exempt from the new U.S. levies and Mexican officials say they are complying with the 1944 Water Treaty.
- Both sides reported advances after the meeting but disclosed no detailed deals, and Greer said provisional options could be possible by year-end while complex issues may stretch into 2027.
- The U.S. decision not to auto-extend the T-MEC triggered annual reviews, creating near-term uncertainty for businesses because roughly 80–87% of Mexican exports to the U.S. now rely on the agreement’s preferential rules.