The imposition of tariffs by the United States on Mexico's exports presents a concern, despite the lack of evidence of non-compliance with the rules of origin of the USMCA. It is highlighted that no cars from Chinese manufacturers produced in Mexico have been sold on US soil, but uncertainty persists regarding the imposition of tariffs with unclear rates, which could affect investment decisions.
In this situation, it is suggested that Mexico could avoid tariffs by proposing to the United States to adopt a common trade policy regarding China, even though the USMCA does not directly require it. The importance of reaching trade agreements soon is emphasized, not only to minimize the impact on investment but also on issues of migration and security.
The need to work with the private sector in the United States to convey the message that Mexico is not a direct competitor but an integrated partner in value chains that strengthen North America's competitiveness is highlighted. It is also essential not to violate the USMCA, especially in sectors like agriculture and energy.
On the other hand, concern is mentioned in the United States about the possibility of China using Mexico to export products to the country in violation of the rules of origin. It is suggested that if tariffs were imposed on Mexican exports, the impact would not be so severe, but the importance of addressing the issue of China in the negotiations is highlighted.
Regarding the trilateral relationship in North America, it is warned that Canada would not agree to exclude Mexico from the USMCA, as benefiting from trade with Mexico is fundamental for both parties. Marcelo Ebrard, Secretary of Economy, emphasizes the importance of maintaining an integrated trade relationship among the three countries.
Finally, Ebrard is optimistic about the opportunities for foreign direct investment in Mexico, despite the challenges posed by Trump's presidency in the United States. The importance of making smart and measured decisions to minimize potential damages from possible protectionist policies is emphasized.
