Prospects for the USA–. The Mexico trade deal has become increasingly uncertain after US Commerce Secretary Lutnick opposed a significant reduction in tariffs on Mexican steel, aluminum and cars. According to reports, Lutnik opposes the reduction of the 25% tariff on Mexican vehicles and the 50% levies on steel and aluminum. Aluminum producers in the US claimed that lowering tariffs could hurt local businesses and cost American jobs. Despite the setbacks, officials from both countries say negotiations are continuing. Mexican officials have expressed frustration at what they describe as repeated new demands from Washington, while the stalled talks raise further uncertainty about the future of North American trade.

Prospects for the USA–. The Mexico trade deal has become increasingly uncertain after US Commerce Secretary Lutnick opposed a significant reduction in tariffs on Mexican steel, aluminum and cars. According to reports, Lutnik opposes the reduction of the 25% tariff on Mexican vehicles and the 50% levies on steel and aluminum. Aluminum producers in the US claimed that lowering tariffs could hurt local businesses and cost American jobs. Despite the setbacks, officials from both countries say negotiations are continuing. Mexican officials have expressed frustration at what they describe as repeated new demands from Washington, while the stalled talks raise further uncertainty about the future of North American trade.