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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.
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Mexico’s Peso Becomes Unlikely Winner in Trump’s Trade War
Mexico’s strong economic ties to the US have also worked in the peso’s favor. The US doesn’t intend to apply the 30% rate to USMCA-compliant goods, a White House official said on Saturday.
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 and Canada tariffs would also “put upward pressure on food prices,” according to PIIE economists. The nations are “important sources” of vegetables, accounting for 47% of total U.S ...
TelevisaUnivision CEO: Tariffs Won’t Have “Impact” on Importing Mexico-Produced Content to U.S. The Daniel Alegre-led company posted a first quarter profit on Thursday despite advertising ...
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 ...
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 ...
Tomato trade dispute between U.S., Mexico boils over again -- with 21% tariffs due in July By Andrew Muhammad, University of Tennessee and Luis Ribera, Texas A&M University ...
And it indicates that the fallout from Trump’s tariffs is starting to push up prices for American consumers, even before his ...
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