Photo: elpais.com
Mexico's Economy Chief Vows to Safeguard TMEC Amid U.S. Pressure
Mexicos government, led by Marcelo Ebrard, is working to protect the United States–Mexico–Canada Agreement from potential changes by Donald Trump, ensuring economic stability beyond 2036.
- Marcelo Ebrard, Mexicos Secretary of Economy, is preparing to defend the United States–Mexico–Canada Agreement amidst ongoing threats from Donald Trump to replace it with bilateral agreements.
- The United States–Mexico–Canada Agreement currently supports 83% of Mexicos exports, making its preservation crucial for the nations economy and trade relations.
- In response to U.S. demands, Mexicos civil service and business leaders, represented by the Consejo Coordinador Empresarial, are mobilizing resources to safeguard the economic agreement against tariffs and other pressures.
Why It Matters
The struggle to maintain the United States–Mexico–Canada Agreement is critical for Mexicos economic future, influencing trade dynamics in North America and impacting relations with the United States and Canada amid rising global competition, particularly from China.