The Secretary of Economy of Mexico, Marcelo Ebrard, has held a working meeting with the U.S. Trade Representative, Jamieson Greer, on the sidelines of the G20 Trade Ministers' Summit taking place in Milwaukee. During the meeting, he noted that both countries are aligning positions and that the Mexican economy maintains "the most favorable position" globally to access the U.S. market.
After almost an hour of conversation, Ebrard highlighted to the media, according to a statement released by the Government of Mexico, that bilateral talks are progressing steadily to "resolve issues" that are still open between the two nations.
The economic official has insisted that the priority of the Mexican Executive is to maintain the current advantageous conditions of Mexico in light of the strategic shift driven by Washington, which, in his view, aims to replace the classic free trade model.
"Of the 20 countries that were present, Mexico holds a very favorable position," the secretary recalled, pointing out that the country faces the lowest effective tariff thanks to intense productive integration that means that between 30 and 40% of Mexican exports to the United States incorporate components manufactured in U.S. territory.
In addition to the meeting with Greer, the Mexican delegation has participated in sessions dedicated to industrial overcapacity and forced labor, and has held bilateral meetings with representatives from the European Union, Canada, India, Japan, and Argentina.