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.
77 Articles
77 Articles
Trump tariffs on Mexico: the good, the bad, the unknown
by Yussel GONZALEZ / Jean ARCEAt first glance, Mexico got off lightly from Donald Trump's "Liberation Day" tariffs blitz.The US president has repeatedly threatened the United States' top trading partner with punishing tariffs over illegal migration and drug smuggling.So it was a surprise when he left Mexico off the list of nations on which he imposed levies ranging from 10 to 50 percent.ALSO READ: ‘I miss lynch mobs’: The secretary of retributio…
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…
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