Business · Trade · 7 hrs ago
Ebrard says US election results do not immediately change T-MEC terms
Mexico’s economy minister Marcelo Ebrard said US election results will not immediately change trade terms between the two countries.
The T-MEC is the trade agreement between Mexico, the United States and Canada.
The agreement remains in force, and Ebrard said political changes in the US Congress do not mean Mexico must restart negotiations.
Talks paused around the US elections, after US authorities asked Mexico to wait until voting was over.
Mexico is waiting for a fourth round of talks to continue the review, which Ebrard said aims to conclude in 2026; no date has been set.
Ebrard said more than 80% of Mexican exports to the US enter without tariffs.
He pointed to the countries’ connected industries as a reason tariffs may hurt US businesses too.
Marcelo Ebrard said the US election results do not immediately change trade terms between Mexico and the United States.
He said tariff powers largely rest with the US president, so the new composition of Congress does not change them.
Talks on reviewing the US-Mexico-Canada Agreement are paused, and Mexico is waiting for a fourth round.
Ebrard said the agreement remains in force and its review is still open.
He said more than 80% of Mexican exports to the United States enter without tariffs.
- Who
- Mexico’s Economy Secretary Marcelo Ebrard.
- What
- He said the US election results do not immediately change trade terms or tariffs.
- When
- After the US legislative elections; the articles were published on November 4, 2026.
- Where
- Mérida, Yucatán, where Ebrard spoke at the opening of Innova Fest.
- Why
- Ebrard said tariff powers largely rest with the US president, and trade negotiations are conducted with US government representatives.
This story does not have two clearly opposing sides.
US authorities asked that the trade talks pause until after the elections.
Mexico was waiting for a fourth round to continue the T-MEC review.
Ebrard said the election results did not immediately change trade terms.
- Trade agreement
- T-MEC, the agreement between Mexico, the United States and Canada
- Talks
- Three rounds completed; Mexico is waiting for a fourth
- Review target
- Close the review corresponding to 2026
- Tariff-free exports
- More than 80% of Mexican exports to the United States enter without tariffs
- Treaty status
- In force, with annual reviews over the next 10 years according to Ebrard
3 sources
What people are saying
The powers over tariffs largely belong to the president, that is, that does not change.
We are waiting for the fourth round because the US authorities said we had to let the election pass.
What you are doing by putting a tariff on it is hurting your own companies.