China, US Stagnate in OMC Talks Amid Global Trade Tensions
The US refused to make significant progress in discussing changes to the dispute resolution mechanism, while Mexico remained silent on its stance at the start of the meeting. Several upcoming events are set to impact the renegotiation of the T-MEC, forcing the Mexican government to react: the results of the 14th WTO Ministerial Conference, China's response to Mexico's tariffs on imported goods from countries without a trade agreement, and the 2026 report on non-tariff barriers by the US Trade Representative. The Senate's return on Monday, April 13, may delay the approval of a proposed law to take retaliatory measures against countries that seize US properties illegally, as seen in the Calica case. The WTO ministerial conference's closing was postponed to allow US-India negotiations on the e-commerce moratorium to continue, with India seeking a two-year extension and the US pushing for a permanent one. Other proposals include five- and ten-year extensions, with most member countries preferring a deal of less than five years. The negotiations focused on three other topics: establishing rules for subsidy transparency, facilitating decision-making, and reconsidering the principle of nation-most-favored, including reciprocity conditions.