Mexico and US agree to economic dialogue, Mexican official says

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February 5, 2025 5:26 PM EST

FILE PHOTO: A drone view shows trucks waiting in line at the Zaragoza-Ysleta border crossing bridge to cross into the U.S., as new tariffs are expected soon from U.S. President Donald Trump, in Ciudad Juarez, Mexico January 31, 2025. REUTERS/Jose Luis Gon

MEXICO CITY (Reuters) -Mexican and U.S. officials agreed to ongoing and open dialogue on economic issues like strengthening regional supply chains and the traceability of foreign investment on Wednesday, a senior Mexican official told Reuters.

In a meeting at the White House, officials from both countries discussed the beginning of public consultations ahead of a revision of the USMCA North American trade pact, said Deputy Foreign Trade Minister Luis Rosendo Gutierrez, adding that the review remains scheduled for 2026.

"For now we have not yet started talking about tariffs," Gutierrez. "We were very well received from all the economic areas and the idea is to start working next week with a permanent exchange of information."

President Donald Trump has threatened both Mexico and Canada with 25% tariffs, but pushed the roll-out back a month on Monday in exchange for promises from the two countries to tackle drugs and immigration. Mexico agreed to deploy 10,000 National Guard troops to the border.

Gutierrez said he arrived in Washington on Monday at the request of Mexican President Claudia Sheinbaum to meet with officials from the administration of President Donald Trump.

(Reporting by Cassandra Garrison; editing by Stephen Eisenhammer)


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