Mexico Urges U.S. to Cut Auto Tariffs, Cites Study
Translated from Spanish, summarized and contextualized by DistantNews.
At a glance
- Mexico is urging the U.S. to reduce the 25% tariff on imported Mexican cars.
- Economy Secretary Marcelo Ebrard presented a study to U.S. trade officials arguing for the reduction.
- Ebrard highlighted that Mexico imports more auto parts from the U.S. than from Asian countries.
Mexico is persistently advocating for a reduction in the 25% tariff imposed on its automotive exports to the United States. Economy Secretary Marcelo Ebrard Casaubon has personally presented a study to U.S. trade officials, emphasizing that Mexico purchases more auto parts from the U.S. than from Asian nations. Ebrard described his frequent visits to Washington D.C. as a dedicated effort to influence decisions and promote Mexico's viewpoints. He noted that while the U.S. applies a 15% tariff to vehicles manufactured in Japan, South Korea, Germany, or Morocco, it seeks to impose a 25% tariff on those made in Mexico. The Secretary also mentioned discussions regarding U.S. tariffs on Mexican steel, pointing out that the U.S. exports more steel to Mexico than it imports. Ebrard expressed hope that during ongoing trade agreement reviews, no new tariffs would be imposed. Despite these challenges, he believes Mexico maintains a favorable position compared to other global exporters, citing an effective tariff rate of 3.4% for Mexico versus significantly higher rates for other major U.S. export partners. He also confirmed his intervention in resolving avocado export issues and ensuring 100% export capacity, similar to livestock trade.
you are charging a 15% tariff on vehicles made in Japan, South Korea, Germany, or Morocco, and you want to charge us 25% on those made in Mexico.
Originally published by El Universal in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.