The review of the Treaty between Mexico, the United States and Canada (T-MEC) is approaching (2026) and the uncertainty of what may come with it is becoming greater and greater, however, one of the industries that has already advanced in This regional integration is steel .
The White House recently released a statement in which the President of the United States, Joe Biden, announced that, in order to protect and strengthen supply chains in North America, imports of steel and aluminum from Mexico will be subject to evaluation of origin, a measure that was agreed upon with President Andrés Manuel López Obrador.
Given this panorama, Raúl M. Gutiérrez Muguerza, president of the DEACERO Group Board , assured that this is great news for the Mexican steel industry because it indicates greater integration of the market in North America .
It should be remembered that to exempt the tariffs (25% steel and 10% aluminum) imposed by the United States, a certificate must be presented that proves the regional origin of casting and casting of this material.
“In the case of steel there are a large amount of unfair imports from many countries and that harms competitiveness. This generates a very high growth potential,” said Gutiérrez Muguerza.
The specialist assured that, given this measure, the Mexican market is prepared to cooperate in this certification, especially because 87% of Mexican steel exports comply with the certification of origin , that is, only 13% of these contain materials. foreign raw materials, so the industry is already working to inject capabilities into its production.
For his part, the national coordinator of Social, Productive and Economic Sectors in Claudia Sheinbaum’s presidential campaign, elected deputy Alfonso Ramírez Cuéllar, assured that, 75 days before the new head of the Executive Branch 2024-2030 takes office, Mexico must adopt an industrial policy and “we must do everything possible to increase national content and added value in our products, and above all things we have that conviction.”
He assured that before the revision of the T-MEC, Mexico has a major problem, since it is one of the countries that incorporates the least regional content and the least added value into its export products .
Therefore, specific public policies must be supported to break the long period of moderate growth, which is why it is also necessary to redefine the relationship between the public and the private, issue recommendations and establish coincidences in the face of challenges.
“We are obliged to assume part of North America, on that basis the review of the T-MEC will have a long-term future that allows us to strengthen commercial ties and deepen cooperation to combat crime, find new schemes to resolve our fiscal weaknesses and Above all, make joint investments in new technologies for research and infrastructure,” concluded the deputy.
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