On July 21, Hyundai Mexico said it has changed the production source of the Creta SUV from Indonesia to Vietnam to avoid Mexico's 50% import tariff on vehicles from countries without a free trade agreement.
The company said the change will take effect in August and will allow it to maintain the model's current pricin

Trade negotiators from the U.S. and Mexico met in Mexico City on July 21 for the third bilateral round of negotiations to revise the United States-Mexico-Canada Agreement (USMCA). The negotiations will take place across three days and are the first formal negotiations between the countries since the Trump administrat

Mexico will ask the U.S. to eliminate tariffs on automobiles, steel, and aluminum during the USMCA review scheduled for July 21. Mexico President Sheinbaum’s administration submitted a 13-point agenda to restore certainty for manufacturers and prevent future unilateral trade actions.
Mexico’s Economy Secretary Marcel

On July 8, the European Parliament gave its consent to the modernized EU-Mexico Global Agreement (MGA) and the Interim Trade Agreement (iTA), paving the way for stronger political and trade relations between the European Union and Mexico.
The MGA aims to expand business opportunities, promote sustainable development,

Mexico's heavy-duty vehicle wholesale sales in June showed a recovery, increasing 45.5% year over year to 3,278 units, according to ANPACT on July 10. First-half sales rose 3.1% year over year to 14,979 units.
Heavy-duty vehicle production reached 15,262 units in June, up 7.6% year over year. However, first-half prod

On June 10, it was reported that negotiations to renew the Argentina-Mexico automotive agreement on duty-free import quota remain stalled, nearly three months after the previous pact expired on March 18, 2026.
The automotive agreement, Annex I of the Economic Complementation Agreement (ACE) No. 55, allows duty-free v

Mexico and Canada have aligned their positions ahead of key July 1 talks on the U.S.-Mexico-Canada Agreement (USMCA), according to Mexican President Claudia Sheinbaum. While both countries formally back a 16-year extension, the U.S. has not yet stated a position. 
Responding to a question from CBC News during her reg

On June 12, Canada's Prime Minister Mark Carney spoke about the upcoming USMCA talks in comments to the press ahead of a bilateral meeting at the Elysee Presidential Palace in Paris.
Carney said the three countries in the United States-Mexico-Canada Agreement are currently holding separate, bilateral talks on a varie

On June 7, the Government of Mexico presented Olinia 1, a domestically developed electric vehicle under the Plan Mexico, aimed at promoting technological development and social well-being.
The vehicle can transport up to six passengers, including space for a wheelchair user, and features a 13.5 kW electric motor wit

On June 2, Canada-U.S. Trade Minister Dominic LeBlanc traveled to Washington D.C. with Canada's chief negotiator Janice Charette to present the Canadian point of view to U.S. Trade Representative Jamieson Greer. In a letter addressed to both his U.S. and Mexican counterparts, LeBlanc said the country is seeking renew

On May 29, the U.S. Trade Representative's office announced that negotiators for the U.S. and Mexico concluded their first ‌bilateral negotiating round to revise the USMCA in Mexico City.
During the first round, negotiators discussed priority issues related to automotive rules of origin, steel and aluminum, and econo

On May 27, it was reported that Mexican automotive industry is urging the removal of U.S. Section 232 tariffs during USMCA review, warning that current conditions could eventually drive up vehicle prices and weaken competitiveness.
Mexican Automotive Industry Association (AMIA) highlighted that manufacturers are cur

On May 27, the Office of the United States Trade Representative announced that the U.S. and Mexico will hold a series of three bilateral negotiating rounds as it approaches the first Joint Review of the United States-Mexico-Canada Agreement (USMCA).
•    On May 28-29, Deputy United States Trade Representative Ambassa

On May 21, The United Auto Workers union laid out its "demands" to the Trump administration ahead of trade negotiations in Mexico City between the U.S. and Mexico. Canada will not be present at these talks due to an impasse over Trump’s sectoral tariff actions.
"Next week, talks are going to kick off in some of the m

On May 22, it was reported that Mexico and the European Union will eliminate tariffs on electric vehicles and batteries under a new trade framework, aiming to boost bilateral automotive trade and competitiveness. 
The measure is part of the Integrated Commercial Agreement (ACI) within the modernized Global Agreement,

On May 13, it was reported that Mexico is negotiating with the U.S. to reduce automotive tariffs imposed under Section 232, aiming to bring them below 12% to maintain regional competitiveness in North America.
According to Gabriel Padilla, head of the Industria Nacional de Autopartes (INA), while the U.S. government

On May 11, it was reported that the European Union approved the signing of a modernized trade and investment agreement with Mexico.
The updated agreement aims to eliminate most remaining tariffs and reduce non-tariff barriers, facilitating greater access for European companies to the Mexican market across sectors. It

On April 20, U.S. Trade Representative Jamieson Greer told Mexico's auto and steel industry leaders that they should not expect the renegotiation of the U.S.-Mexico-Canada Agreement (USMCA) to remove President Trump's tariffs on their sectors, according to sources familiar with the discussions. "Greer said tariffs ar

U.S. Trade Representative Jamieson Greer will arrive in Mexico City on the weekend for a full day of bilateral trade talks on April 20. Economy Minister Marcelo Ebrard said that the second round of USMCA review talks between Mexico and the U.S. will take place during Greer’s visit. “We’ll be working the whole day on

On April 7, United States Trade Representative Jamieson Greer said he doesn’t expect negotiations on the U.S.-Mexico-Canada Agreement (USMCA) on trade to be resolved by July 1.
“I think that we aren’t probably going to be able to resolve all issues by July 1,” Greer said at the Washington D.C.-based Hudson Institute.