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Mexican president might avoid Trump's 'day one' tariffs


Published on 2025-01-14 19:00:37 - Reuters
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  • U.S. President-elect Donald Trump sent shockwaves through global trade by threatening 25% tariffs on Mexico and Canada, effectively ripping up a regional trade agreement, if the two countries didn't do more to curb migration and the flow of drugs.

Mexican President Andres Manuel Lopez Obrador expressed confidence on January 14, 2025, that he could negotiate with former U.S. President Donald Trump to avoid the immediate imposition of tariffs if Trump were to return to office. Lopez Obrador highlighted his previous interactions with Trump, suggesting that their established relationship could facilitate discussions to prevent the tariffs Trump had threatened to impose on Mexican imports from day one of a potential second term. This statement comes in the context of Trump's earlier campaign promises to use tariffs as leverage in trade negotiations with Mexico, particularly concerning issues like immigration and trade deficits.

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[ https://www.reuters.com/world/americas/mexican-president-might-avoid-trumps-day-one-tariffs-2025-01-14/ ]