Tuesday, 02 January 2024 12:17 GMT

Mexico Still Negotiating With Trump On Tariffs: President


(MENAFN- The Peninsula) AFP

Mexico City: Mexican President Claudia Sheinbaum spoke with her US counterpart Donald Trump on Thursday and said the two countries were still seeking an agreement to lift remaining tariffs.

"We continue to talk about trade issues," Sheinbaum told reporters following the telephone call, the latest in a series of conversations between the two leaders.

"We continue negotiating, with good relations and good communication," she added.

Sheinbaum said her Economy Minister Marcelo Ebrard would travel to Washington on Friday for more talks.

Trump has announced various import duties targeting Mexico, before scrapping some of them, as part of his global trade war.

While he left Mexico off the list of nations facing his steep "reciprocal tariffs," steel and aluminum exports still face duties, along with automobiles.

Mexico's economy, the second-largest in Latin America, is considered one of those most vulnerable to Trump's tariffs due to the close trade relations between the two countries.

At the same time, Mexico has benefited from tariff relief thanks to a three-way North American free trade agreement that also includes Canada.

MENAFN22052025000063011010ID1109584452


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Search