12% tariff on Mexico if Trump’s demands are not met

By Co-Writing. Mexico, CDMX. President Claudia Sheinbaum said that if the joint work between Mexico and the United States to confront the traffic of fentanyl continues, the tariffs of 25% imposed outside the framework of the T-MEC could be reduced to 12%. At its morning conference, Sheinbaum explained that the products included in the North American Free Trade Agreement (NFTA) are not subject to tariffs, particularly in key sectors such as the a…

In the event that Mexico and Canada fail to comply with the US president's demand to reduce fentanyl trafficking and the application of the Immigration Act, they will take credit for the application of a reciprocal tariff of 12% that will be additional to the 25% faced by imports that do not meet the status of the T-MEC, economists from the International Finance Institute (IFI) anticipated. Alluding to what was said by “official sources” to whic…

Tariffs could decrease by 12% President Claudia Sheinbaum Pardo noted that there is coordination with the U.S. government and pointed out that the fight against fentanyl is a priority issue that could contribute to the reduction of tariffs imposed on Mexican products from 25 percent (%) to 12 percent [...] The charge Combating fentanyl, a key point to reduce tariffs appeared first in Central MX News.

Cd. of Mexico.- President Claudia Sheinbaum stated that if work continues with the United States to deal with fentanyl, tariffs of 25 percent outside the T-MEC could be reduced to 12 percent. Credit: Archive President Claudia Sheinbaum stated that if work continues with the United States to deal with fentanyl, tariffs of 25 percent outside the T-MEC could be reduced to 12 percent. "What is within the Treaty has no tariff with its characteristics…