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Mexico: 85% of Exports to U.S. to be Tariff-Exempt Under USMCA Rules
🇲🇽 Mexico /Economy & Trade

Mexico: 85% of Exports to U.S. to be Tariff-Exempt Under USMCA Rules

From El Universal · () Spanish

Translated from Spanish, summarized and contextualized by DistantNews.

At a glance

News Official statement New plan
  • Mexico stated that approximately 85% of its exports to the U.S. that comply with USMCA rules of origin will be exempt from a proposed 10% U.S. tariff.
  • The clarification came after consultations between Mexican officials and the U.S. Trade Representative's Office regarding a Section 301 investigation.
  • Goods covered by the USMCA and those subject to

Mexico's government announced that the vast majority of its exports to the United States will be exempt from a proposed 10% tariff. The Mexican Ministry of Economy clarified that approximately 85% of the country's sales to the U.S. market, which adhere to the rules of origin under the USMCA trade agreement, will not be affected by the potential tariff.

This assurance followed consultations held between Mexican officials and the Office of the United States Trade Representative (USTR). The USTR had previously proposed the additional 10% tariff on imports from Mexico and 13 other economies as part of an investigation under Section 301 of U.S. trade law, which examines alleged forced labor practices.

The Ministry of Economy also specified that goods falling under "Order 232" – which pertains to autos, steel, and aluminum – would not be impacted by the proposed tariff. This clarification aims to provide certainty for businesses engaged in trade between the two North American nations under the existing trade framework.

DistantNews Editorial

Originally published by El Universal in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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