If the United States does choose to implement the 25 percent tariffs on Trump’s first day in office as previously threatened, Ebrard warned it would be a “shot in the foot” to the U.S. economy
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The Mexican president said if Trump followw through on his promise to implement 25 percent tariffs on Mexican goods, Mexico may place its own tariffs on the United States in return
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The big three credit rating agency also pointed to the potential impacts of U.S. President-elect Donald Trump’s trade policies on Mexico’s economy
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The Mexican Secretary of the Economy cautioned that Mexican tariffs on U.S. goods could contribute to inflation in the United States
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Trump’s proposed tariffs on Mexico would purportedly begin at 25 percent, before sliding up to 100 percent based on Mexico’s willingness to cooperate with his desires
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The move comes as the United States attempts to tighten up its imports of Chinese products believed to be entering the nation by using Mexico as a backdoor
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Economic analysts noted that key factors like President-elect Sheinbaum’s cabinet appointments and the outcome of the upcoming U.S. presidential elections
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In a statement, the government said that “the supply and production of white corn in our country are important factors in determining its price and, therefore, also that of the various consumer products made from it, mainly tortillas”
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By MARK LORENZANA Expect economic turbulence this year on a global scale, with “obvious effects for Mexico,” according to José Domingo Figueroa, the new president of the Mexican Institute of Finance Executives (IMEF), in an interview with Mexican daily newspaper Reforma on Monday, Jan. 2. Two of the biggest factors that will directly affect Mexico’s economy, according to Figueroa, are
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By MARK LORENZANA The Mexican federal government on Thursday, Oct. 20, published a list of products that can be imported into the country duty-free as part of President Andrés Manuel Lopez Obrador’s (AMLO) move to combat inflation, and to curb rising prices that are affecting the basic basket of food items in Mexico. On the night of Wednesday, Oct. 19, a presidential decree was
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