US EditionMexico and EU revamp trade agreement days before Trump takes office with threat of tariffs
- The European Union and Mexico have agreed to a revamped free-trade agreement days before Donald Trump's return to the White House, marking a significant update to their 2000 trade accord that covered only industrial goods.
- The agreement will allow Mexican companies to bid for government contracts in Europe and EU companies for those in Mexico, while also ensuring duty-free trade in goods including agricultural products.
- The deal is seen as a way for Mexico to reduce its reliance on the United States and gain better access for various products, including orange juice and tuna.
- European Commission President Ursula von der Leyen stated that the deal proves that open, rules-based trade can deliver for prosperity and economic security.
70 Articles
70 Articles
Mexico and EU revamp trade agreement as Trump threatens tariffs
On Friday, January 17th, the European Commission and Mexico concluded negotiations to update a joint trade agreement that first entered into force 25 years ago. “EU exporters will gain new commercial opportunities, including our farmers and agri-food companies,” European Commission President Ursula von der Leyen said in a press release. “This landmark deal proves that open, rules-based trade can deliver for our prosperity and economic security, …
Mexico, EU Revamp Trade Agreement Days Before Trump Takes Office with Threat of Tariffs
Get latest articles and stories on World at LatestLY. Mexico and the European Union on Friday announced a revamped trade agreement that they said would substantially increase trade and investment, days before the inauguration of US President-elect Donald Trump, who has threatened to slap sweeping tariffs on Mexico and other trading partners. World News | Mexico, EU Revamp Trade Agreement Days Before Trump Takes Office with Threat of Tariffs.
Mexico and EU revamp trade agreement days before Trump takes office with threat of tariffs
MEXICO CITY (AP) — Mexico and the European Union on Friday announced a revamped trade agreement that they said would substantially increase trade and investment, days before the inauguration of U.S. President-elect Donald Trump, who has threatened to slap sweeping tariffs on Mexico and other trading partners. The new Global Trade Agreement between Mexico and the 27-nation bloc would reduce Mexican tariffs of agri-food imports from Europe, remove…
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