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Mexico President Claudia Shinbam said that last week the two have not yet signed any compromise with their American counterpart Donald Trump after talking about lifting the US tariff.
The Mexican Head of State said on Monday that they had discussed the existing 25% tariffs on imported vehicles and the same on steel and aluminum.
“We did not reach an agreement, but we established our arguments. In terms of steel and aluminum, we established that we have a deficit. The US exported more steel and aluminum to Mexico than Mexico,” Shinbam said in its daily press briefing on Monday. “Our argument is that, like other cases, goods entering under the Free Trade Agreement should have zero tariffs.”
Mexican officials have emphasized that their country has so far avoided tariffs on all its exports as Trump had originally threatened, but wants to guarantee further security for Shinbam major areas. It has emphasized the value of USMCA, free trade agreement between Mexico, Canada and the US. A widespread concern is whether international investors will continue to help promote the country’s growth amid uncertainty.
Sheenbam told the press that the fee on the small portion of the goods falling outside the free trade agreement could be for further discussion. He said that the conversation between high-level officials was going on after the call.
“At the level of ministers of commerce and economy, and at the level of presidents,” Shinbam said.
In a social media post last week, Trump said that the call with Shinbaum was “very productive”.
The American-made part of finished vehicles is exempted from tariffs, and the Ministry of Mexican Economy has stated that its objective is the purpose of progress in negotiations before May 3, when levy is expected to be effective, especially on auto parts.
Automkers, including Stellentis NV Motor Corp, stopped some production in Mexico when duties became effective in early April. Other car manufacturers said they would no longer pay overtime. The industry is responsible for about 30% of the total exports of Mexico, which means that the broad tariffs can give a major blow to manufacture in their first year in the office.
The two countries are also duality over their shared use of water along the US-Maxico border and whether Mexican productive is reducing tomato prices.
The government has searched for ways to show an interested partner with the Trump administration. Currently, Shinbam’s diplomatic strategy has helped their approval rating at 83%, according to the latest L Financaro Poll.
Shinbam’s government has not imposed mutual tariffs on the US, stops more and more spat with Trump and win his praise among some voters.
Foreign Trade Minister Luis Rosando Gutirez has said that Mexico will be satisfied with being less tariff than other countries, even if the rate has not been brought to zero. Most other American trade partners are now facing 10% levy, while they are waiting for the Trump administration, which can be basically announced by the announcement announced.
Earlier this year, Mexico also handed over the Trump administration to a high-level criminal actors, including some drug trafficking accused, and vowed to help prevent the flow of migrants and fantaneils in the US.
This article was generated from an automated news agency feed without amending the text.
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