Connect with us

Hi, what are you looking for?

Latest News

Mexico praises ‘preferential’ US tariffs treatment

Mexico’s economic minister Marcelo Ebrard praised the “preferential treatment” received by Mexico after US President Donald Trump unveiled sweeping new global tariffs.

On Wednesday, Trump detailed new tariffs on many countries including a minimum 10% “baseline” tariff on imports. Mexico and Canada, though still subject to prior tariffs, were exempt from the new reciprocal tariffs.

Mexican President Claudia Sheinbaum said that this treatment is due to Mexico’s positive relationship with the US.

“There are no additional tariffs to Mexico and that is good for the country,” Sheinbaum said during a Thursday morning press conference, touting her government’s relationship with the Trump administration.

“This has to do with the good relationship we have constructed with the US government, based on collaboration but with respect”.

“President Sheinbaum’s strategy has worked. We (Mexico) have a preferential treatment,” Ebrard said at the same press conference.

Sheinbaum added that Mexico remains in dialogue with the US about the impact of US tariffs on the automobile industry.

This is a developing story and will be updated.

This post appeared first on cnn.com
Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!





    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.
    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    World biggest companies

    You May Also Like

    Editor's Pick

    Sister Stephanie Schmidt had a hunch about what her fellow nuns would discuss over dinner at their Erie, Pennsylvania, monastery on Wednesday night. The...

    Investing

    Israel carried out limited strikes in Iran early Friday in retaliation for Tehran firing a barrage of missiles and drones at Israel last Saturday....

    Latest News

    Dong’s experience, both as head of the People’s Liberation Army Navy (PLAN) as well as operational assignments in the Chinese military’s Eastern and Southern...

    Economy

    Top 15 Richest Self-made Men from 2000 to 2023 Welcome to our video showcasing the wealth evolution of the top 15 richest self-made men...