“The President of Mexico, Claudia Sheinbaum, is convinced that her country can negotiate with the United States to avoid the 25% tariff threatened by the newly elected US President, Donald Trump.”, — write: epravda.com.ua
The President of Mexico, Claudia Sheinbaum, is convinced that her country can negotiate with the United States to avoid the 25% tariff threatened by the newly elected US President, Donald Trump. This is reported by Bloomberg. The U.S.’s No. 1 trading partner has a plan in case Trump does impose tariffs, but Sheinbaum, who spoke to the president-elect by phone, says she’s confident it won’t need to be implemented. Instead, she said Mexico and the U.S. could work together in the face of Trump’s concerns about migration and drug trafficking. and China immediately after the start of his term. European and American automakers could lose up to 17 percent of their combined annual core profits if Trump’s U.S. imposes tariffs on cars from Europe, Mexico and Canada. Oil producers in Canada and Mexico are likely to be forced to cut prices and divert supplies to Asia if US President-elect Donald Trump imposes 25% import tariffs on crude oil imports from the two countries.
