USTR nears a ruling on Mexico’s excess manufacturing capacity under Section 301, with new tariffs possible as August talks with Washington loom. In addition, Mexico’s exports hit a record US$389.7 billion in 1H26, driven by manufacturing growth and strong demand from the United States.
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Mexico Faces New Tariff Round as 301 Probe Nears Close
Mexico faces another round of tariff negotiations with Washington as soon as August, Economy Minister Marcelo Ebrard warned, pointing to a pending US investigation into “excess manufacturing capacity” that could add fresh duties on top of measures already in place.
Mexico’s Tariff Treatment Is Unchanged Despite New US Duty
At the close of the third round of bilateral talks on the USMCA review with US Trade Representative Jamieson Greer, Economy Minister Marcelo Ebrard explained that Mexican exports compliant with the treaty, more than 80% of the total, will remain exempt from the new duty. “Ther is no change there,” the official said, adding that for what does apply to Mexico, “it is the same thing we had, only the legal basis changes.” The ministry said in a statement that Washington had previously informed the Mexican delegation it would replace Section 122 tariffs with duties grounded in Section 301, as part of a broader overhaul of its global trade policy.
Mexico Posts Record US$389.7 Billion in Exports in 1H26
Mexico’s exports reached a historic high during the 1H26, underscoring the resilience of the country’s manufacturing sector despite ongoing trade uncertainty surrounding the USMCA review and US tariff policies. According to the latest data from the National Institute of Statistics and Geography (INEGI), merchandise exports totaled US$389.72 billion between January and June, a 24.6% year-on-year increase and the highest level ever recorded for the period.
Mexico, US Set Fourth Round of USMCA Review Talks for September
Mexico and the United States will hold a fourth round of USMCA review negotiations in Washington in early September, Economy Minister Marcelo Ebrard announced, following a week of talks aimed at narrowing differences on the treaty’s most sensitive issues. The announcement came after US Trade Representative Jamieson Greer met this week with President Claudia Sheinbaum and Ebrard as part of the third round of the process.
Mexico Posts Record US$389.7 Billion in Exports in 1H26
Mexico’s exports reached a historic high during the 1H26, underscoring the resilience of the country’s manufacturing sector despite ongoing trade uncertainty surrounding the USMCA review and US tariff policies. According to the latest data from the National Institute of Statistics and Geography (INEGI), merchandise exports totaled US$389.72 billion between January and June, a 24.6% year-on-year increase and the highest level ever recorded for the period.