The Mexican company Mabe has announced an investment of 668 million dollars, and among the upcoming actions of Mexico in response to the United States tariffs is a series of consultations and negotiations as expressed by Marcelo Ebrard, Secretary of Foreign Affairs. Ebrard mentioned that there are no immediate plans for retaliation like Canada and the European Union, emphasizing the importance of acting with determination but without haste.
In this regard, it is expected that this Thursday, March 13, the Undersecretary of Economy will begin negotiations in Houston, Texas, in search of a favorable position for Mexico. Intense discussions are planned based on the strategy of "acting with a cool head and firmness" to achieve the best outcome for the country. Despite the uncertainty surrounding the negotiations, Ebrard stressed the need not to disclose details about the ongoing conversations.
For her part, the President of Mexico, Claudia Sheinbaum, has stated that the country's official response to the tariffs on steel and aluminum from the United States will be announced on April 2. Sheinbaum has indicated that Mexico's reaction will depend on the reciprocal measures taken by the U.S. administration and has faced pressure from Canacero to respond with equivalent tariffs to those imposed by the United States.
In light of the imposition of tariffs by the United States, Marcelo Ebrard has described the measure as harmful due to the strong economic integration between both nations. Ebrard considers that the impact of the tariffs is significant for various Mexican industries, and a Banamex report estimates losses of at least 18 billion dollars for Mexico as a result of these measures.
Regarding the actions to be taken, the Secretary of Economy has announced consultations with representatives of the affected Mexican industry starting Friday, March 14. These consultations are expected to be a first step in building a strategic response from Mexico to the tariffs imposed by the United States.
