• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home World

Mexico Welcomes US Decision To Waive Tariffs On Auto Parts Under USMCA

OMMCOM NEWS by OMMCOM NEWS
May 3, 2025
in World

Mexico City: Mexico has welcomed a US decision to exempt Mexican auto parts from tariffs under the United States-Mexico-Canada Agreement (USMCA), calling it a major breakthrough for the country’s manufacturing sector.Secretary of Economy Marcelo Ebrard said on Friday that the exemption was confirmed in new US customs guidance published on Thursday, reaffirming that Mexican auto parts will be treated as if they originated in the US and will enter duty-free, Xinhua news agency reported.

“This is a significant step forward,” Ebrard said during the government’s daily press briefing.

“Mexican auto parts, and those headed to Canada as well, will continue receiving the preferential treatment guaranteed by our treaty.”

Ebrard, who has led negotiations with US officials, said the development reflects progress in avoiding new trade barriers and protecting cross-border supply chains.

He added that President Claudia Sheinbaum has made the issue a top priority.

“You can’t slap a 25 per cent tariff on auto parts, plus another 25 per cent on steel, aluminum, and final products — that would wipe out entire companies,” he said, referring to ongoing talks with US Commerce Secretary Howard Lutnick.

The tariff suspension follows the sixth phone call between Sheinbaum and US President Donald Trump, during which both agreed to keep working toward solutions on trade and other bilateral issues.

At a press briefing on Friday, Sheinbaum said the decision was “good news”.

“There’s a preferential treatment for everything that is produced within the trade agreement, and in particular for auto parts, which have zero tariffs,” she said, noting that she and Trump spoke by phone on Thursday.

“We continue working together, and if you’ve noticed, we keep getting better conditions compared to what the situation was previously.”

Mexico continues negotiations with the US to prevent the implementation of Trump’s broader executive orders targeting key industrial sectors.

(IANS)

Tags: mexicoUnited States-Mexico-Canada Agreement (USMCA)Waive Tariffs
ShareTweetSendSharePinShareSend
Previous Post

Nepali Student’s Alleged Suicide At KIIT: Post-Mortem To Be Conducted Today

Next Post

Saddened By Loss Of Lives: PM Modi On Goa Stampede

Related Posts

crime
World

Shooting On US Campus Leaves One Dead, One Injured

August 9, 2025
World

Germany Wins Latin Dance Gold At World Games, China Finishes Fourth

August 9, 2025
World

NSA Ajit Doval Meets Russia’s First Dy Prime Minister In Moscow

August 9, 2025
HELSINKI, July 16, 2018 (Xinhua) -- U.S. President Donald Trump (L) shakes hands with his Russian counterpart Vladimir Putin in Helsinki, Finland, on July 16, 2018. U.S. President Donald Trump and his Russian counterpart Vladimir Putin started their first bilateral meeting here on Monday, and they are expected to discuss a wide range of issues. (Xinhua/Lehtikuva/Heikki Saukkomaa/IANS)
World

Trump, Putin Meeting Set In Alaska To Discuss Ukraine Ceasefire

August 9, 2025
PM Modi
World

PM Modi Speaks With ‘Friend’ Putin, Reaffirms Commitment To Deepen India-Russia Ties

August 8, 2025
Khalistan Embassy
World

Khalistan Embassy In Canada: A Brazen Provocation That Ottawa Still Won’t Confront

August 8, 2025
Next Post
Narendra Modi

Saddened By Loss Of Lives: PM Modi On Goa Stampede

Double Murder Of Sarpanch's Husband & Father-In-Law Rocks Rayagada District

Row Over Digha Jagannath Temple: SJTA To Hold Crucial Meeting Today

khimji
TPCODL
OMC
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.