Mexico’s Secretary of Economy, Marcelo Ebrard, told members of the lower house of Congress on Thursday that about 80 percent of trade between Mexico and the United States continues to flow without tariffs, even as Washington has tightened its trade policy under the current US administration.
Ebrard appeared before committees at the Chamber of Deputies in Mexico City, where he was welcomed by chamber president Raúl Bolaños and Ricardo Monreal, leader of the body’s political coordination board. During the session, the secretary emphasized that the bulk of commercial exchange between the two countries has so far been shielded from the new tariffs imposed by US officials, suggesting that the broader trade relationship remains largely intact despite recent tensions.
His comments come amid ongoing uncertainty over US trade measures that have targeted specific sectors and products from multiple countries, including Mexico, one of Washington’s largest trading partners. By highlighting that most bilateral commerce is still tariff-free, Ebrard appeared to be reassuring lawmakers that Mexico’s economy has not suffered a major disruption from the changing US approach, even as both governments continue to negotiate the terms of their trade ties.
For more details on Ebrard’s testimony and the broader context of US-Mexico trade relations, read the full story at Reforma.
Source: Dice Ebrard que 80% de comercio con EU sigue sin aranceles (Reforma).
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