Mexico’s Gripe With US Trade Pact: South Korea Has Better Deal
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Article Excerpt
ed}68wn)ib4lhfk18}le0{l[_media_dl_1.png Mexican National Statistics Inst Article content (Bloomberg) — As the US and Mexico remain locked in trade talks, Mexican automakers have a complaint with the current agreement: They’re paying some higher tariff rates than competitors in South Korea and Japan. Article content As part of discussions to review the US-Mexico-Canada free trade agreement, Mexican government officials have shown evidence that the average tariff on Mexican auto exports is almost 19%, higher than the 15% levies on some vehicles imported from South Korea or Japan, according to a …
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Jun 9, 2026