US EditionMexico dodges latest US tariffs but faces challenges in global trade
- President Trump announced new tariffs on Wednesday, but excluded Mexico and Canada.
- The White House stated the tariffs are needed for border security reasons.
- The tariffs include 20% on European Union goods; pre-existing 25% tariffs on some Mexican and Canadian goods remain.
- Chris Tang noted USMCA compliant products remain tariff-free.
- Uncertainty surrounds trade policies, though Mexico and Canada may gain an advantage if USMCA requirements are met.
73 Articles
73 Articles
Associated Press News
Mexico celebrates dodging latest US tariffs but feels the effects of global economic uncertainty
Mexico is celebrating having dodged the latest round of tariffs from the White House taking aim at dozens of U.S. trading partners around the world.
Weight and Mexican Stock Exchange gain ground in the middle of Black Thursday because of Trump’s tariffs
The Mexican peso prices below 20 units per dollar and the Mexican Stock Exchange (BMV) resists the shock in the financial markets in the world, following the tariff offensive for more than 100 countries, announced on Thursday by Donald Trump. The US president’s tariff plan has caused heavy losses on the world’s stock markets, however, the Mexican park operates with profits and the Latin American currency also gains ground against the dollar, due…
Dictators are spared from customs madness
US President Donald Trump has continued his aggressive customs policy: His "Day of Liberation" is like a "bloodbath" for the global economy. When the new customs madness applies – and which dictators are excluded from it, read here. Now he is there, the big break with the US. Trump, at the announcement of his insanity, accused even close trading partners of having "battled and raped" the US with their customs policy so far. About the Europeans h…
Are reciprocal settlements good for Mexico? ‘They can attract investments for Mexico’: BBVA
The application of Donald Trump’s reciprocal tariffs may result in a commercial advantage for Nearshoring in Mexico. This was considered by BBVA in a report published hours after the announcement made by the President of the United States. During this “Liberation Day,” thus named by Trump, the United States government imposed new tariffs on imports from virtually all over the world, with special emphasis on China and other countries in South-Eas…
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