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Mexico’s economy secretary to meet with Trump officials in US to talk trade

Mexico City – Mexico Economy Minister Marcelo Eporard He said on Tuesday that he would meet with Trump administration officials in Washington on Thursday, as he called “the first conversation” in a series of negotiations between the two countries.

The meeting comes in a fragile moment for the neighbor, whose bilateral trade exceeded $ 800 billion last year. US President Donald Trump He threatened to impose a 25 % tariff on all imports from Mexico – although it has so far been restricted to steel and aluminum – and signed an executive order to rename The Gulf of Mexico is like the Gulf of America.

“In our first meeting, we will clarify the proposals made by the United States, and what the new administration aims to achieve. (Economist) integration between the two countries,” Evrarrd told reporters on Tuesday.

Ewjrard said he will meet him Trade Minister Howard Lootnick And a number of Trump officials in a conversation that focuses on the tariff of steel and aluminum, as well as the importance of the bilateral trade relationship in the country. Ewjrard added that he hoped to present a set of other proposals to “improve” the current commercial relationship.

Meanwhile, Trump A wider tariff threat On the horizon, analysts say it can lead to stagnation in Mexico. It is likely that the extensive definitions will start a commercial war Mexico President Claudia Shinbom Promising mutual definitions, both of which will lead to an increase in prices for American consumers.

While Mexico sought to diversify its trade relations, economists say contracts of free trade and geographical proximity limit their ability to make major changes in the short term.

On Tuesday it appears that on Tuesday is determined to avoid escalation.

“Our response will not be lying or conflict, but rather it is a continuous effort to move forward,” Evarer said.

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Follow the AP coverage for Latin America and the Caribbean Sea region in https://appnyws.com/hub/latin-america

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2025-02-18 20:16:00

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