According to people familiar with the matter, trade negotiations between the US and Mexico have reached an impasse due to the steel and aluminum tariff issue, which has frustrated the optimistic expectations that the relevant agreement will soon be reached, and major developments may have to wait until after the midterm elections. Negotiations have cooled down in recent days, and US officials, including US Secretary of Commerce Lutnick, have expressed dissatisfaction with Mexico's request to lower metal tariffs. Prior to the US-Mexico negotiations, US Trade Representative Greer led, and Lutnick recently tried to expand his influence in these negotiations and overall trade policy. The plan proposed by Lutnik failed to resolve Mexico's concerns, and negotiations between the two countries came to a standstill. Today, US officials have not ruled out that an agreement may not be reached until a long time after the November 3 midterm elections.

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