This morning, the president Claudia Sheinbaum Pardo and the Secretary of Economy, Marcelo Ebrard Casaubónthey held the new decision of the Customs Office and Border Protection of the United States (CBP for its acronym in English) regarding the Tariff elimination and the imposition of economic rates to the export of Mexican auto parts or exported from the country.
According to the head of the Economy, the new measures represent “a great advance and better conditions” for the country and, in the same way, new understandings with the president of the President Donald Trump and the White House Trade Department headed by the Secretary Howard Lutnick:
“Yesterday, instructions to the customs authorities of the United States were published, and there it is endorsed and ratified (…) that auto parts in Mexico will also be for Canada, have our treaty (T-MEC) and, therefore, do not pay tariffs. They will be considered as if they were from the United States,” he said.
On that same line, the Mexican president intervened to explain that the exemption of tariff measures was due to the review of a particular series of regulations established by the Treaty Mexico, the United States and Canada (T-MEC): The so -called “Rules of origin”. According to Sheinbaum Pardo, that is translated into prioritize any product or object manufactured between the three nations indicated in the economic agreement.
“In vehicles and auto parts, preferential treatment has been given to everything that occurs within the treaty (T-MEC); in particular, the auto parts continue to have zero tariff, so that is the situation we have now,” he said.
However, the head of the Federal Executive stressed that the commercial impositions that have not changed are tariffs to steel and the aluminumtwo materials that have been indicated and modified in a generalized way by President Trump.
In a new intervention, the Secretary of Economy reported how the weekly meetings have been carried out – a biweekly – between the teams of Mexico and the American Union to lay meeting points regarding these issues. According to the former chancellor, the Government of Mexico He has followed the instruction of “finding points of interest” that benefit both parties:
“We have been raising the integration that Mexico has with states in what it does, specifically, to the Automotive industry (…) We have been working together for 35 years and, in addition, in 2019, a treaty was signed that says you have toUument the content of Mexico, the United States and Canada in vehicles that are manufactured in the region. Then it has been increasing and if we first did a piecita, because today we do many, ”Ebrard described.
Under that idea, the federal official also referred to the series of economic risks They have been raised to the US authorities to give a “double tariff” in the car industry. As he explains, that could exceed and significantly hit the more than two million jobs and Autopartes exportvalued in 70 billion dollars (USD).
Finally, Ebrard stressed that understandings and conversations with US counterparts have reached a “point of understanding and respect.”
