Mexico and US advance trade negotiations amid toll tax adjustments

Mexico-US trade negotiations Claudia Sheinbaum Marcelo Ebrard automotive tariffs transportation tax credits

Mexican President Claudia Sheinbaum confirmed that Mexico and the United States are in advanced stages of trade negotiations, though a definitive agreement has not yet been reached. The discussions, led by Economy Secretary Marcelo Ebrard, focus on reducing tariffs affecting the automotive, steel, and aluminum industries. While US President Donald Trump suggested a deal is imminent, Sheinbaum emphasized that pending issues remain and no formal announcement has been made.

Separately, the Mexican government announced adjustments to tax benefits for the transport sector. For 2027, the Ministry of Finance (SHCP) will cap the toll credit against Income Tax (ISR) at 250 million pesos in annual revenue, down from a previous 300 million peso limit. President Sheinbaum stated this change will only affect approximately 170 companies, representing about 6 percent of the country's freight transport firms, while 94 percent of taxpayers will maintain their benefits.

Entities

Claudia Sheinbaum · Claudia Sheinbaum Pardo · Donald Trump · Marcelo Ebrard · Mexico · Secretaría de Economía · Secretaría de Hacienda y Crédito Público · United States

Claims

What the coverage asserts, and how many sources carry each claim.

[● 2 SOURCES] The revenue cap reduction will affect 170 companies. www.alminuto.mx · www.excelsior.com.mx
[● 4 SOURCES] The toll credit against ISR will be limited to companies with annual revenues up to 250 million pesos starting in 2027. www.alminuto.mx · gaceta.mx · www.revistasinrecreo.com · www.excelsior.com.mx
[● 2 SOURCES] 94 percent of taxpayers in the transport sector will maintain their fiscal benefits. www.alminuto.mx · gaceta.mx
[● 5 SOURCES] Mexico and the US are in advanced trade negotiations. eltiempomx.com · www.poresto.com · eldiariodechihuahua.mx · elheraldodesaltillo.mx · www.hoytamaulipas.net
[● 3 SOURCES] The toll credit allows for up to 50 percent of toll payments to be credited against ISR. www.alminuto.mx · gaceta.mx · www.revistasinrecreo.com
[● 4 SOURCES] Negotiations aim to reduce tariffs on automotive, steel, and aluminum products. ncscampeche.com · www.poresto.com · eldiariodechihuahua.mx · elheraldodesaltillo.mx