Categories: Economy

Mexico would elevate tariffs if US does so first, president says


MEXICO CITY (Reuters) – Mexican President Claudia Sheinbaum stated on Tuesday that Mexico would elevate tariffs on imports from the USA if President-elect Donald Trump follows by way of on his risk to situation a 25% tariff on Mexican imports after taking workplace.

“If there are U.S. tariffs, Mexico would additionally elevate tariffs,” Sheinbaum stated in a press convention on Wednesday, including that doing so would enable “advantages” for Mexico within the occasion of tariffs from Washington.

admin

Recent Posts

Elizabeth Warren warns of a inventory market crash if Trump can hearth Jerome Powell

Charles Krupa/Related Press Sen. Elizabeth Warren stated President Trump firing Jerome Powell may crash the…

3 hours ago

Fed proposes averaging massive financial institution stress check outcomes to cut back volatility

By Pete Schroeder WASHINGTON (Reuters) - The Federal Reserve kicked off a sweeping effort to…

8 hours ago

Trump has mentioned firing Fed’s Powell with Warsh, eyed as possibe successor, WSJ says

(Reuters) - President Donald Trump has privately mentioned firing Federal Reserve Chair Jerome Powell for…

11 hours ago

Trump says Fed chair Powell will depart if he asks him

WASHINGTON (Reuters) - President Donald Trump stated on Thursday he believes Federal Reserve chairman Jerome…

12 hours ago

Why have gold costs hit report highs?

Gold has been reaching report highs of late, with the value of spot gold hitting…

13 hours ago

US drillers add oil and fuel rigs for first time in 4 weeks, Baker Hughes says

By Scott DiSavino (Reuters) - U.S. power companies this week added oil and pure fuel…

13 hours ago