The move comes one day after Mexico's Economy Ministry said it will start proceedings against the U.S.in the World Trade Organization, where it's seeking a dispute settlement over the USA tariffs on Mexican products - 25 percent on steel and 10 percent on aluminum - formally took effect last Friday.
Mexico said on Monday it will file a complaint with the World Trade Organization (WTO) over United States tariffs on its steel and aluminium.
A man works in a steel distribution factory in Monterrey in northern Mexico last week, when the US tariffs on steel and aluminum took effect.
The tariff dispute comes as Canada, Mexico and the U.S. try to reach an agreement to update the North American Free Trade Agreement in talks triggered previous year by Trump's discontent with that deal.
The U.S. last week said it's levying the new metals duties on imports from the nations and the European Union on national security grounds, ending their temporary exemptions. Big trade barriers against U.S. farmers, and other businesses, will finally be broken.
"Mexico can adjust the composition of the list of products originating from the United States", the ministry warned.
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Mexico imports so much US pork - almost one-third of what's consumed - that the government says it will waive tariffs on up to 350,000 tons of pork imported from other nations to avoid destabilizing the market.
The Trump administration has imposed steel and aluminum tariffs on other countries including Canada and Mexico.
Malmström said that imbalances are about more than just trade and tariffs.
Mexico has received backing in the dispute from its domestic business sector.
Ties between Washington and Mexico City have also been strained over immigration.
U.S. President Donald Trump was scheduled to meet with his trade advisers on Tuesday to discuss China's offer, Reuters reported.