Mexico is going to find a solution to avoid the imposing of tariffs by the United States, Economy Minister Marcelo Ebrard said on Friday, following threats from U.S. President. Mexico has been preparing possible retaliatory tariffs – ranging from 5 percent to 20 percent – on pork, cheese, fresh produce, manufactured steel and aluminium, according to. Recent news of Mexico’s decision to levy tariffs on textile and apparel products—and institute new restrictions on its Manufacturing, Maquiladora and Export. Mexico has taken steps to safeguard its economy from the shock of US tariffs and authorities are working together in case liquidity in the currency market is affected, the. The U.S. imports more than $900 billion of products from Canada and Mexico, and a 25% tariff is huge given that goods have crossed North American borders duty-free for many.
A 17 percent slide in value of the peso over the past year, combined with the tariffs imposed on Canada and China, among Mexico’s main competitors in the U.S. market, will. Mexican President Claudia Sheinbaum said on Saturday she ordered her economy minister to implement tariff and non-tariff measures to defend Mexico's interests, after the U.S.. The U.S. imports more than $900 billion of products from Canada and Mexico, and a 25% tariff is huge given that goods have crossed North American borders duty-free for many.
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