Mexico Prepares for Potential Trump Tariffs Amid Ongoing Negotiations
As the deadline for potential tariffs imposed by the Trump administration looms, Mexico is making significant efforts to avoid the anticipated 25% duties on imports. The Mexican president has emphasized ongoing discussions with the U.S. and has presented various backup plans in case the tariffs take effect. Mexico is also considering matching U.S. tariffs on Chinese goods as part of its strategy to mitigate the impact of these tariffs. Meanwhile, Canadian officials have indicated their openness to similar measures to address the situation. Both nations are on edge as they await a final decision from Trump, while hoping for a last-minute deal to prevent a trade escalation.
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