Tags: Mexico | Trump Administration | united states | mexico | trade | tariff | deal

Mexico Sees Good Chance of Deal to Dodge 5% US Tariff

Tuesday, 04 June 2019 09:05 AM

Mexico says it thinks there's likely to be an agreement Wednesday with the United States that will avoid a 5% tariff on Mexican goods announced last week by President Donald Trump.

Mexican Foreign Minister Marcelo Ebrard told reporters Tuesday that despite his optimism, his team also will be ready for a non-agreement scenario.

Ebrard arrived in Washington last weekend to meet Wednesday with Secretary of State Mike Pompeo. Mexico calls the potential tariff hurtful to both economies and useless to slow down the flow of Central Americans migrating north.

The diplomatic counteroffensive launched by Mexico this week includes a Tuesday meeting of trade negotiator Jesus Seade with U.S. trade representative Robert Lighthizer.

Trump says he'll impose the tariff beginning June 10 to force Mexico to keep mostly Central American migrants from crossing into the U.S.

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Mexico says it thinks there's likely to be an agreement Wednesday with the United States that will avoid a 5% tariff on Mexican goods announced last week by President Donald Trump.
united states, mexico, trade, tariff, deal
135
2019-05-04
Tuesday, 04 June 2019 09:05 AM
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