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Mexico Holds Off Tariff Retaliation as Sheinbaum Bets on US Deal
Supply Lines is a daily newsletter that tracks global trade. Sign up here. Mexico is delaying its response to US tariffs on steel and aluminum imports as President Claudia Sheinbaum avoids retaliation while both countries negotiate to avert levies on a wide range of products and services. Sheinbaum, whose cool-headed approach has become a model to many world leaders dealing with Donald Trump, said on Wednesday she’d rather wait until the US president decides whether or not to impose 25% tariffs on Mexican imports in general. Such levies, part of a US strategy to force its neighbors to combat illegal immigration and ... (full story)
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- Posted: Mar 12, 2025 7:39pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 112
