Trump Re-Imposes His Tariffs, but Mexico Gets a Pass
12 Articles
12 Articles
Trump re-imposes his tariffs, but Mexico gets a pass
Mexico is exempt from most of the new tariffs and is already paying the rest. So in President Sheinbaum's words, "Mexico remains exactly the same as we were a week ago.” The post Trump re-imposes his tariffs, but Mexico gets a pass appeared first on Mexico News Daily
The U.S. President Donald Trump’s tariff wall for forced labour poses a new challenge for Mexico. Washington imposed, starting this Friday, a new round of tariffs on more than 60 economies that replaced the 10% universal tariff that expired this week. In the case of Mexico, despite the TMEC, Mexican exports outside the TMEC will have to pay a 10% tariff. Faced with this trade setback, Mexico’s President Claudia Sheinbaum has declared that it was…
The trade conditions for Mexico remain unchanged following the announcement of new tariffs by the US President, Donald Trump, said President Claudia Sheinbaum, noting that exports covered by the Treaty between Mexico, the United States and Canada (T-MEC) remain duty-free, with the exception of the automotive and steel sectors. The president explained that the recent U.S. government decree does not modify the current scheme for Mexican products. …
In the latest round of tariffs imposed by the United States on 60 countries, the United States-Mexico-Canada Agreement (USMCA) has become a protective shield for Canada and Mexico, but the three countries are now engaged in a new round of negotiations on the agreement. Against this backdrop, Canada and Mexico, both of which are the United States' largest trading partners, have adopted drastically different strategies.
Mexican President Claudia Sheinbaum said that negotiations with US President Donald Trump regarding new tariffs on 60 US trading partners were complicated.
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