Mar 22 • 23:47 UTC 🇲🇽 Mexico El Financiero (ES)

‘Good news’: Ebrard claims that the start of the T-MEC review with the US is ‘encouraging’

Marcelo Ebrard, Mexico's Secretary of Economy, expresses optimism about the start of technical discussions with the U.S. regarding the T-MEC trade agreement, despite Canada missing from initial talks.

Marcelo Ebrard, the Secretary of Economy of Mexico, recently expressed optimism regarding the initiation of technical discussions with the United States on the North American Free Trade Agreement (T-MEC). He described the beginning of these talks as 'good news' during an interview on the program Esta Semana de N+ Univision, particularly noting a cordial atmosphere during the discussions held in Washington. Ebrard mentioned that he is planning a visit to Canada in May, highlighting the ongoing interest in integrating their perspective as further negotiations unfold.

The discussions focus on exploring specific options aimed at boosting manufacturing production and employment in both Mexico and the U.S. The United States Trade Representative's office confirmed that both countries have instructed their teams to work on enhancing these economic aspects while minimizing non-commercial inputs in their North American supply chains. Ebrard's comments reflect a significant commitment to empowering the trilateral trade framework of the T-MEC, even as Canada remains absent from initial negotiations.

Ebrard's remarks come against a backdrop of prior concerns raised by various stakeholders about the implications of the T-MEC and its impact on trade relations in North America. With President Trump's administration having previously been skeptical of trade agreements, the initiation of these talks signals a potential shift towards a more collaborative approach in addressing mutual economic interests. The outcome of these discussions may have substantial implications for trade practices within the region, influencing both production dynamics and labor market developments in the involved countries.

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