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Mexico wants U.S. tariffs scrapped before ratifying trade deal: minister

Mexico's Economy Minister Ildefonso Guajardo at a news in Mexico City on May 1, 2018. REUTERS/Henry Romero/File Photo

Mexico wants to end to a tariff dispute over steel and aluminum with the United States prior to signing off on a reworked trade agreement with its northern neighbor, Mexican Economy Minister Ildefonso Guajardo said on Thursday.

“Now, what are we going to do here? A deal before we get to signing, to clearly get rid of all these … tariff-related aggressions,” Guajardo said on Mexican television after referring to the steel and aluminum dispute.

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Mexico and the United States last week said they had reached a deal after more than a year’s negotiations to revamp the North American Free Trade Agreement (NAFTA).

Canada, the other NAFTA signatory, is still locked in discussions with Washington to see if it can join the accord.

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Mexico and Canada launched a series of tit-for-tat measures against the United States when the Trump administration at the end of May decided to slap tariffs on steel and aluminum imports from a range of countries, including its NAFTA partners.

Mexico aims to sign off its trade deal with Washington by the end of November, and hopes Canada will remain part of it.

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