The United States has said that’s not good enough, as the new decree still leaves the door open to a ban down the road. On March 6, it requested formal trade consultations and, if no resolution is reached within 30 days, the two countries will get closer to a formal dispute. Potentially, Mexico could face U.S. tariffs.
“The real issue here is about regulatory predictability,” says Marroquín. “If Mexico is not clear in its commitment to a science-based, rules-based trade system—which is basically USMCA—there’s going to be plenty of uncertainty.”
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