Mexico Challenges US Tariffs: A New Era of Negotiations Begins

Mexico's Response to US Tariffs

Mexico City: The Mexican government has labeled the new tariffs introduced by the United States as unjust, prompting both nations to initiate formal discussions via a permanent bilateral working group.

According to a joint announcement from the foreign affairs and economy ministries, a high-level meeting took place in Washington on Friday, where US officials informed their Mexican counterparts that the tariffs would be implemented starting August 1.

"We have made it clear that we find this unfair and do not concur with it," the ministries stated.

To safeguard jobs and businesses on both sides of the border, both countries have agreed to form a permanent bilateral working group aimed at tackling significant issues in their relationship and exploring alternatives to prevent the tariffs from taking effect.

This group will also focus on matters such as border security, migration, and water management, as reported by Xinhua news agency.

"As of July 11, we have created an opportunity to resolve any potential tariff enforcement by August 1. In essence, Mexico is already in negotiations," the statement concluded.

During her press conference on Friday morning, Mexican President Claudia Sheinbaum reaffirmed the country's stance against the tariffs.

"We believe that tariffs are not the answer. The most effective way to compete, even for the United States, is to enhance our trade agreement," she remarked, referencing the US-Mexico-Canada Agreement.