Treasury chief urges Canada, Mexico to match US tariffs on China as deadline looms
- Top Mexican officials are meeting with U.S. cabinet members for trade talks before March 4, when tariffs proposed by President Donald Trump are set to take effect on Mexican and Canadian imports.
- U.S. Treasury Secretary Scott Bessent described Mexico's proposal to match U.S. tariffs on China as 'very interesting' and suggested that Canada should do the same.
- Mexican Deputy Economy Minister Vidal Llerenas mentioned that Mexico is considering aligning its policies with those of the U.S. and Canada towards China, including adopting further measures against cheap goods.
- Canada's Foreign Affairs Minister Mélanie Joly stated that Canada is open to discussions on matching U.S. tariffs on China.
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40 Articles
Canada should follow suit in the United States and impose customs duties on Chinese products, says the president of the Automobile Parts Manufacturers Association, Flavio Volpe. US Treasury Secretary Scott Bessent had suggested on Friday that Ottawa could avoid the US tariff offensive, but the Trump administration sent a contradictory signal on Sunday.
U.S. Treasury chief pushes Canada, Mexico to match tariffs on China
Read: 2 minU.S. Treasury Secretary Scott Bessent pushed Friday for Canada and Mexico to match Washington’s tariff hikes on China when asked in an interview if doing so could help them avert President Donald Trump’s fresh levies.A month-long pause on U.S. tariffs of up to 25 per cent hitting Canadian and Mexican imports expires next Tuesday, and negotiations to avoid their imposition are ongoing.“I do think one very interesting proposal that the …
Canada ‘Open’ to Matching US Tariffs on China, Foreign Affairs Minister Says
Foreign Affairs Minister Mélanie Joly reporters in Vancouver on Feb. 28 that Canada is “open” to talks about matching U.S. tariffs on China. She noted that Canada already has tariffs on some components coming from China, as well as on electric vehicles. ”When it comes to the U.S. and their own concerns, we’re able to have conversations,” she said. “We are very open to have trade-related conversations, including when it comes to China.” Joly said…
Washington. Treasury Secretary Scott Bessent stated yesterday that Mexico has proposed equalizing US tariffs on China, in a movement he described as “very interesting,” and urged the government of Canada to do the same.
US treasury chief calls on Canada and Mexico to match tariffs on China
Canadian and Mexican officials have fanned out across Washington seeking to show President Donald Trump's administration that they were making progress in securing their U.S. borders to curb the flow of fentanyl
Trump's Treasury Secretary Expects 'Substantial' Revenue From Tariffs, Reveals That Mexico Has Proposed To Match Our Chinese Tariffs
Last Updated on February 28, 2025 President Donald Trump is exerting his negotiating power on the world stage by gaining potentially “substantial tariff income,” according to Trump’s Treasury Secretary Scott Bessent. The Trump administration official revealed on Bloomberg Television on Friday that Mexico has proposed matching U.S. tariffs on Chinese imports. “Much of the tariff income could be substantial. We will see where the tariffs finally e…
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