USMCA Review to Maintain Tariffs, Says U.S. Trade Representative Greer

U.S. Trade Representative Greer informed Mexican auto and steel groups that the upcoming July 1 USMCA review will not reinstate zero tariffs, according to four industry sources. Greer conveyed this message during a meeting in Mexico City with industry groups and senior business leaders. According to NS3.AI, one attendee mentioned that Greer also addressed the auto industry, stating that U.S. officials are exploring methods to assist Mexico, although specific details were not provided.