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Trump, Mexico’s Sheinbaum Plan Call as Tariff Deadline Nears
President Donald Trump and his Mexican counterpart Claudia Sheinbaum plan to speak by phone on Thursday morning, according to people familiar with the plans, as a Friday deadline to avoid a 30% tariff nears with no agreement between the US and its largest trade partner.
USD/MXN remains below 19.00 as Trump grants Mexico 90-day reprieve from 30% tariff hike
However, the United States would continue to levy a 50% tariff on Mexican steel, aluminum, and copper. A 25% tariff will remain on Mexican autos and non-USMCA-compliant goods not compliant with the USMCA. These tariffs are tied to measures related to the US fentanyl crisis.
Washington | President Donald Trump extended Mexico’s current tariff rates for 90 days to allow more time for trade ...
During the past 15 years, trade in goods between the US and Mexico has more than doubled, strengthening Mexico’s position as one of the US’s leading trading partners. The US now conducts more ...
The peso is forecast to fall by a moderate 5.5% over the next 12 months to 19.80 per dollar from 18.72 on Tuesday, according to the median estimate of 22 FX experts polled June 27-July 2.
Mexico expands Manzanillo port amid Trump's trade wars Sheinbaum disputes IMF's forecast of economic contraction Manzanillo port expansion to boost container and hydrocarbon capacity MANZANILLO ...
Mexico wants a greater proportion of each auto built in the country to qualify for US origin status, a move that would lower the impact of President Donald Trump ’s tariff policies, Deputy ...
And it indicates that the fallout from Trump’s tariffs is starting to push up prices for American consumers, even before his ...
MEXICO CITY (Reuters) -Becle, the world's largest tequila producer, posted a fourfold rise in second-quarter profit on Wednesday, bolstered by foreign currency exchange gains even as thirst for its ...
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