Mexico's economy secretary: Our vision in the USMCA is to reduce dependence on other regions'

"Mexico's vision is to reduce our dependence on other regions, work as a team, see what we each want to do regarding rules of origin, and how we can secure the supply chain."

"Ebrard had already indicated that Mexico's interests lay in resolving issues such as trade asymmetries, and the tariffs that the Trump Administration has imposed on trading partners in the last year on products such as steel, aluminum, and the automotive sector."

"The USMCA represents 29% of global GDP in trade and has become the foundation of the three countries' economies in recent years."

The USMCA review commenced in Washington with initial discussions between Mexico's Secretary of Economy Marcelo Ebrard and U.S. Trade Representative Jamieson Greer. Mexico's strategy focuses on reducing dependence on other regions, establishing collaborative frameworks, addressing rules of origin, and strengthening supply chain security. Key Mexican concerns include resolving trade asymmetries and tariffs imposed on steel, aluminum, and automotive products. The review must conclude by July 1st per the 2020 timeline established by USMCA partners. Working groups will subsequently address the treaty's 34 chapters. Canada will join negotiations later, likely in May. The USMCA represents 29% of global GDP in trade and serves as the economic foundation for all three nations.

Read at english.elpais.com