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<\/p>\n80% of the current discussion is technical in nature and based on cost-benefit models and statistics, says the Economy Secretary<\/p>\n
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Economy Secretary Marcelo Ebrard expressed confidence that by November, \u201cthe largest possible number of issues that could constitute an obstacle or a controversy\u201d for the USMCA will have been resolved, ahead of the formal review scheduled for 2026.<\/strong><\/p>\n \u201cWe will seek to reach the month of November having removed from the table as many issues as possible that could represent an obstacle, an irritant, or a controversy when we sit down to properly conduct the review of the agreement\u2014that is the ultimate goal,\u201d he stated.<\/p>\n The official estimated that 80% of the current discussion is technical in nature and based on cost-benefit models and statistics, which will serve as the foundation for all negotiations.<\/p>\n He assured that the trade agreement will endure to strengthen commerce in North America, despite the renegotiation and review process being difficult and carrying certain risks.<\/p>\n \u201cWe have to navigate many risks, and it will be a difficult review, but the agreement will survive,\u201d he told business leaders who are members of the Business Coordinating Council (CCE).<\/p>\n He stated that the review of the USMCA is advancing in a coordinated manner among the three countries, and that the central goal of the government is to reduce the impact of unilateral tariffs imposed by the United States.<\/p>\n Before the CCE assembly, he explained that at the beginning of the year, the scenario included risks of trade rupture or fragmented renegotiations. However, he affirmed that Mexico managed to initiate an orderly and joint review process with Washington and Ottawa.<\/p>\n \u201cWe are at the beginning of a coordinated review process with the United States and Canada, and that is no small thing,\u201d he emphasized.<\/p>\n \u2018There has never been a fully trilateral negotiation\u2019<\/strong><\/p>\n Ebrard noted that during the previous negotiation that gave rise to the USMCA, there were both bilateral and trilateral issues, meaning that \u201cthere has never been a negotiation that was fully trilateral all the time; there are many issues that are very specific to Mexico and the United States, and many others that concern Canada and the United States.\u201d<\/p>\n \u201cIf Canada is going to buy F-35 aircraft, we are not going to be at that negotiation table,\u201d he pointed out.<\/p>\n \u201cCanada exports energy to the United States, but we import energy from the United States. In short, there are a number of differences in the topics. Now there are some in the United States suggesting that we focus on a more bilateral relationship. Ultimately, the agreement belongs to all three countries, recognizing that we each have different bilateral agendas,\u201d he said.<\/p>\n The official explained that an agreement was reached with the Office of the U.S. Trade Representative (USTR) and the Canadian government to begin parallel consultations, each under the mechanisms specific to their political systems.<\/p>\n Ebrard defends barriers on Chinese products<\/strong><\/p>\n Marcelo Ebrard also defended the proposal sent to Congress to adjust the national tariff policy in order to curb the growing trade deficit, especially with China.<\/p>\n \u201cWe cannot allow the deficit to keep growing as it is\u2014it impacts our productive sector,\u201d he said, while clarifying that it is not about changing all foreign trade policies.<\/p>\n Finally, he emphasized that Mexico must remain flexible in response to the evolution of trade policy between the United States and China, while maintaining the permanent goal of preserving favorable competitive conditions.<\/p>\n \n https:\/\/forbes.com.mx\/<\/p>\n","protected":false},"excerpt":{"rendered":" 80% of the current discussion is technical in nature and based on cost-benefit models and statistics, says the Economy Secretary Economy Secretary Marcelo Ebrard expressed confidence that by November, \u201cthe largest possible number of issues that could constitute an obstacle or a controversy\u201d for the USMCA will have been resolved, ahead of the formal […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-1327","post","type-post","status-publish","format-standard","hentry","category-sin-categoria"],"_links":{"self":[{"href":"https:\/\/grupollg.mx\/eng\/index.php\/wp-json\/wp\/v2\/posts\/1327","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/grupollg.mx\/eng\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/grupollg.mx\/eng\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/grupollg.mx\/eng\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/grupollg.mx\/eng\/index.php\/wp-json\/wp\/v2\/comments?post=1327"}],"version-history":[{"count":2,"href":"https:\/\/grupollg.mx\/eng\/index.php\/wp-json\/wp\/v2\/posts\/1327\/revisions"}],"predecessor-version":[{"id":1333,"href":"https:\/\/grupollg.mx\/eng\/index.php\/wp-json\/wp\/v2\/posts\/1327\/revisions\/1333"}],"wp:attachment":[{"href":"https:\/\/grupollg.mx\/eng\/index.php\/wp-json\/wp\/v2\/media?parent=1327"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/grupollg.mx\/eng\/index.php\/wp-json\/wp\/v2\/categories?post=1327"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/grupollg.mx\/eng\/index.php\/wp-json\/wp\/v2\/tags?post=1327"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}