Tag: trade negotiations
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Mexico Awaits Trump’s Call on Potential Tariffs
On February 3, 2025, Mexican President Claudia Sheinbaum, speaking from the national palace in Mexico City, addressed the ongoing trade tension between Mexico and the United States. As her administration eagerly anticipates President Donald Trump’s decision regarding possible 25% tariffs on Mexican goods, Sheinbaum remains hopeful for dialogue. Remaining in close contact with U.S. officials,…
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Trump Firmly Enforces Tariff Hikes, Targets Canada, Mexico, and China
In a decisive move from the US capital, President Donald Trump declared there would be no last-minute reprieve for Canada and Mexico from impending tariffs. He simultaneously approved an increase in tariffs on Chinese imports. Back in February, Trump announced tariffs on Canadian and Mexican imports, citing issues over illegal immigration and drug trafficking, but…
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US Treasury Secretary Urges Canada, Mexico to Align Tariffs on China
In recent remarks in Washington, D.C., U.S. Treasury Secretary Scott Bessent advocated for Canada and Mexico to follow America’s lead by imposing similar tariffs on Chinese imports. His statements came as the expiration of a month-long exemption period on U.S. tariffs targeting Mexican and Canadian products approaches swiftly, with negotiations still ongoing. Speaking to Bloomberg…
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