Overview
- Mexican and U.S. negotiating teams held their first review meeting in Washington on March 18, led by Mexico’s economy chief Marcelo Ebrard and U.S. representative Jamieson Greer.
- President Claudia Sheinbaum said Mexico proposed strengthening rules of origin to deepen North American content, citing the auto sector as a priority example.
- Sheinbaum emphasized Mexico will not yield on sovereign policies and noted the U.S. flagged 54 measures as barriers, which she said were largely addressed in initial exchanges.
- Mexico’s stated goals include preserving the pact and removing U.S. tariffs on autos, steel and aluminum imposed in 2025.
- Justin Trudeau told the 89th Banking Convention that recent tariff moves have already chilled investment and that uncertainty could persist, urging Mexico and Canada to stay aligned and avoid a full renegotiation.