On July 12th, local time, the Mexican Ministry of Foreign Affairs and Economy issued a joint statement. In light of the United States’ announcement to impose a new tariff of 30% on Mexican products entering the US starting from August 1st, the Mexican government considers this treatment as “unfair,” and has begun negotiations with the United States to protect border businesses and employment.
The statement mentioned that since July 11th, a permanent bilateral working group was established by the Mexican delegation to address security, immigration, and economic issues with the United States. The Mexican government stated during the negotiations that imposing tariffs on Mexico is unfair and disagreed with it.
During the negotiations, both parties agreed that the primary task at hand is to find an alternative solution that can protect businesses and employment on both sides of the border before any tariffs are imposed.
Earlier that day, President Trump of the United States posted a letter on social media platforms to the Mexican President and the Chairman of the European Commission, announcing that starting from August 1, 2025, the United States will impose tariffs of 30% on Mexican and EU-origin products respectively. (Reported by Deng Xuemei and Sheng Jiadi)