US Decision to Relax Auto Tariffs Welcomed by Mexican President

Mexican President Claudia Sheinbaum has praised the recent US decision to ease auto tariffs, describing it as a positive development in North American trade relations. This move addresses previous concerns where exporters faced double charges on vehicles and materials like steel and aluminum.

Recognition of Auto Parts and Ongoing Dialogue

Sheinbaum highlighted the importance of recognizing auto parts produced across North America for tariff discounts, viewing it as a nod to the USMCA trade agreement. With two additional points still under review, including a planned reimbursement to automakers, the dialogue between US and Mexican trade teams continues to be active.

Background of the Executive Orders

The remarks follow US President Donald Trump’s executive orders aimed at providing short-term support during a transition period by relaxing the previously imposed 25% auto tariffs.