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Mexico to send lawmakers bill to 'correct' trade imbalances

ReutersSep 9, 2025 6:28 PM

- Mexico's Deputy Minister for Revenues Carlos Lerma told a press conference on Tuesday the economy ministry would submit a bill to Congress that aims to "correct" the country's trade imbalance in some sectors, such as automotives and manufacturing.

This bill could bring in additional revenues of some 70 billion pesos ($3.76 billion) to the state budget, Lerma said without giving details on how tariffs might be adjusted.

($1 = 18.6350 Mexican pesos)

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