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U.S. and Mexico Near Deal: Trump’s 50% Steel Tariffs May Soon Be Lifted
Tensions in the steel trade between the United States and Mexico are starting to ease. According to sources familiar with the matter, the two countries are moving closer to an agreement that could reduce or eliminate the 50% tariffs on Mexican steel imports imposed under the Trump administration.
📦 Quotas on the Table? Steel Exports Might Be Freed – But Only in Part
One of the proposals being discussed involves a quota system, allowing Mexico to export a specific amount of steel to the U.S. duty-free or at a reduced rate. Once this limit is exceeded, the full 50% tariff would apply.
The exact level of this quota has not yet been finalized, and it’s also unclear whether the steel under quota would be entirely duty-free or just taxed at a lower rate. Details remain under negotiation.
🗣️ Ebrard: Trump’s Tariffs Are Unfair and Unsustainable
Mexican Economy Minister Marcelo Ebrard didn’t mince words, calling Trump’s tariffs unjust and economically damaging during a speech in Mexico City. He said Mexico will present strong arguments to the U.S. on why the tariffs should be rolled back or relaxed.
Ebrard traveled to Washington on June 6 to meet with U.S. officials and revealed that Mexico has a "Plan B" ready in case the talks fail — although he did not provide specifics.
🚛 Limited Duty-Free Imports Based on Historical Levels
According to ongoing discussions, U.S. companies would be able to import Mexican steel duty-free up to a certain limit, which would be based on historic trade volumes between the two countries. Any imports above this threshold would be taxed at the full rate.
In 2024, Mexico exported 3.52 million net tons of steel to the U.S. — a 16% drop compared to 2023 (4.18 million tons). This still made Mexico the third-largest steel supplier to the U.S., behind Canada (6.56 million tons) and Brazil (4.5 million tons).
❌ White House Silent, but Pressure Builds
While neither the White House nor the Department of Commerce, which oversees tariffs under “Section 232,” have commented publicly, industry leaders are pressuring officials to implement a clear quota system for Mexico. They say it would help avoid the kind of unexpected import surges seen in the past.
🌐 U.S. Aims to Block Third-Party Steel via Mexico
A major concern for U.S. officials is that steel from countries like China could be routed through Mexico to avoid U.S. tariffs. That’s why they’re pushing for safeguards that would prevent such transshipment or relabeling of foreign steel.
⚖️ Exemptions Never Came: What Happened in 2018?
When Trump introduced a 25% steel tariff in 2018, Mexico and Canada were granted special treatment — but no formal quota system was put in place. Brazil, by contrast, did receive quotas. This gap remains a sticking point in today’s negotiations.
In April 2024, Trump further escalated the policy by revoking all previous exceptions and exclusions, raising tariff rates even more across steel and aluminum products.
🔍 Ebrard: The U.S. Has a Trade Surplus – Why Punish Mexico?
Ebrard also pointed out that the U.S. runs a trade surplus with Mexico in steel and aluminum, questioning the logic of punitive tariffs. He argued that Mexico is not harming U.S. industry and remains a trusted trade partner.
🔚 What Comes Next?
While a final deal hasn’t been signed, optimism is growing. If the two nations agree on a fair quota, it could be a win-win scenario — the U.S. retains control over imports, and Mexico gains predictability for its exports.
#SteelTariffs , #TRUMP , #mexico , #usa , #TradingCommunity
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Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
📦 Quotas on the Table? Steel Exports Might Be Freed – But Only in Part
One of the proposals being discussed involves a quota system, allowing Mexico to export a specific amount of steel to the U.S. duty-free or at a reduced rate. Once this limit is exceeded, the full 50% tariff would apply.
The exact level of this quota has not yet been finalized, and it’s also unclear whether the steel under quota would be entirely duty-free or just taxed at a lower rate. Details remain under negotiation.
🗣️ Ebrard: Trump’s Tariffs Are Unfair and Unsustainable
Mexican Economy Minister Marcelo Ebrard didn’t mince words, calling Trump’s tariffs unjust and economically damaging during a speech in Mexico City. He said Mexico will present strong arguments to the U.S. on why the tariffs should be rolled back or relaxed.
Ebrard traveled to Washington on June 6 to meet with U.S. officials and revealed that Mexico has a "Plan B" ready in case the talks fail — although he did not provide specifics.
🚛 Limited Duty-Free Imports Based on Historical Levels
According to ongoing discussions, U.S. companies would be able to import Mexican steel duty-free up to a certain limit, which would be based on historic trade volumes between the two countries. Any imports above this threshold would be taxed at the full rate.
In 2024, Mexico exported 3.52 million net tons of steel to the U.S. — a 16% drop compared to 2023 (4.18 million tons). This still made Mexico the third-largest steel supplier to the U.S., behind Canada (6.56 million tons) and Brazil (4.5 million tons).
❌ White House Silent, but Pressure Builds
While neither the White House nor the Department of Commerce, which oversees tariffs under “Section 232,” have commented publicly, industry leaders are pressuring officials to implement a clear quota system for Mexico. They say it would help avoid the kind of unexpected import surges seen in the past.
🌐 U.S. Aims to Block Third-Party Steel via Mexico
A major concern for U.S. officials is that steel from countries like China could be routed through Mexico to avoid U.S. tariffs. That’s why they’re pushing for safeguards that would prevent such transshipment or relabeling of foreign steel.
⚖️ Exemptions Never Came: What Happened in 2018?
When Trump introduced a 25% steel tariff in 2018, Mexico and Canada were granted special treatment — but no formal quota system was put in place. Brazil, by contrast, did receive quotas. This gap remains a sticking point in today’s negotiations.
In April 2024, Trump further escalated the policy by revoking all previous exceptions and exclusions, raising tariff rates even more across steel and aluminum products.
🔍 Ebrard: The U.S. Has a Trade Surplus – Why Punish Mexico?
Ebrard also pointed out that the U.S. runs a trade surplus with Mexico in steel and aluminum, questioning the logic of punitive tariffs. He argued that Mexico is not harming U.S. industry and remains a trusted trade partner.
🔚 What Comes Next?
While a final deal hasn’t been signed, optimism is growing. If the two nations agree on a fair quota, it could be a win-win scenario — the U.S. retains control over imports, and Mexico gains predictability for its exports.
#SteelTariffs , #TRUMP , #mexico , #usa , #TradingCommunity
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
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For Mexican friends you will finally be able to buy USDT with MXN and do p2p on the best and largest cryptocurrency exchange platform Binance 👏#Binance #BTCHalvingApril2024 #square #mexico #MXN
Binance Blog
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Mexicans will now be able to buy USDT with pesos (MXN) on Binance
Binance, the world's leading blockchain and cryptocurrency infrastructure provider, announces the listing of the new USDT/MXN pair on its platform, so that Mexican users can now buy USDT instantly (a digital asset known as a “stable currency” that maintains the same value as the US dollar), using your Mexican pesos in a much more agile and simple way.This new functionality of the Binance spot platform will also allow users to sell their USDT instantly to receive Mexican pesos.
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Benefits of using bitcoin in the construction industry
Adopting Bitcoin and other cryptocurrencies puts construction companies at the forefront of technological innovation. This not only improves operational efficiency, but also attracts customers and partners who value advanced technologies and are looking to modernize their business practices.
#Bitcoin #construccion #mexico #adoptarbitcoin $BTC $ETH $SOL
Adopting Bitcoin and other cryptocurrencies puts construction companies at the forefront of technological innovation. This not only improves operational efficiency, but also attracts customers and partners who value advanced technologies and are looking to modernize their business practices.
#Bitcoin #construccion #mexico #adoptarbitcoin $BTC $ETH $SOL
🇲🇽🚨 #MexicoEndsTariff : A Win for Trade & Crypto? 💰🌎
Mexico has officially ended key tariffs, opening doors for stronger trade and financial growth! 📈 But could this also impact crypto adoption and cross-border payments? 🤔💡
🔥 What’s Changing?
🔹 Lower Trade Barriers 🚛 – Boosting imports & exports.
🔹 Stronger Economy 💵 – More investment opportunities.
🔹 Crypto & Remittances 🏦 – Will Bitcoin & stablecoins gain traction?
🔹 Global Market Impact 🌍 – Could this influence other nations?
As Mexico embraces economic freedom, will crypto adoption follow? Drop your thoughts below! ⬇️💬
#Bitcoin #Crypto #Mexico #DeFi
$SOL
$BTC
Mexico has officially ended key tariffs, opening doors for stronger trade and financial growth! 📈 But could this also impact crypto adoption and cross-border payments? 🤔💡
🔥 What’s Changing?
🔹 Lower Trade Barriers 🚛 – Boosting imports & exports.
🔹 Stronger Economy 💵 – More investment opportunities.
🔹 Crypto & Remittances 🏦 – Will Bitcoin & stablecoins gain traction?
🔹 Global Market Impact 🌍 – Could this influence other nations?
As Mexico embraces economic freedom, will crypto adoption follow? Drop your thoughts below! ⬇️💬
#Bitcoin #Crypto #Mexico #DeFi
$SOL
$BTC
🚨 BREAKING: CANADA & MEXICO DODGE TRUMP’S TARIFF BLITZ! 🇨🇦🇲🇽
Massive shake-up in global trade! President Donald Trump just announced a sweeping 10% tariff on ALL imports—but Canada & Mexico are OFF the list! 🎯💥
🔹 10% tariff on all imports begins April 5!
🔹 Some countries hit even harder—Japan (24%), EU (20%)!
🔹 China faces a crushing 54% total tariff! 😱💸
🔹 Canada & Mexico spared… for now. But potential 25% tariffs still loom over fentanyl & immigration concerns!
🔥 MARKETS REACT INSTANTLY! Apple, Amazon, and Nike stocks plunge 4%+ in after-hours trading! 📉💥
Is this a strategic win for North America or the start of a trade war meltdown? Sound off below! 👇💬
#TrumpTariffs #Mexico #TradeWar #VoteToListOnBinance
🔹 10% tariff on all imports begins April 5!
🔹 Some countries hit even harder—Japan (24%), EU (20%)!
🔹 China faces a crushing 54% total tariff! 😱💸
🔹 Canada & Mexico spared… for now. But potential 25% tariffs still loom over fentanyl & immigration concerns!
🔥 MARKETS REACT INSTANTLY! Apple, Amazon, and Nike stocks plunge 4%+ in after-hours trading! 📉💥
Is this a strategic win for North America or the start of a trade war meltdown? Sound off below! 👇💬
#TrumpTariffs #Mexico #TradeWar #VoteToListOnBinance
#MexicoEndsTariff
🚨 Mexico Ends Tariffs: What Does This Mean for Trade & Prices? 🚨
Mexico has officially ended tariffs on certain goods, a move that could have major economic and trade implications for businesses and consumers alike. The decision is expected to ease supply chain pressures, lower costs for importers, and strengthen trade relations with key partners like the U.S. and China.
Key Questions & Impacts:
📉 Will this bring down prices for consumers and businesses?
🌎 How will this affect Mexico’s trade relationships, especially with the U.S.?
🏭 Which industries stand to benefit the most?
💰 Could this put pressure on other countries to adjust their own tariffs?
With global markets watching closely, this move could either boost economic activity or raise concerns about competition for domestic industries.
🤔 Smart trade policy or risky move? How do you see this playing out? Drop your thoughts below! ⬇️
#Mexico #Tariffs #Trade #economy #GlobalMarkets
🚨 Mexico Ends Tariffs: What Does This Mean for Trade & Prices? 🚨
Mexico has officially ended tariffs on certain goods, a move that could have major economic and trade implications for businesses and consumers alike. The decision is expected to ease supply chain pressures, lower costs for importers, and strengthen trade relations with key partners like the U.S. and China.
Key Questions & Impacts:
📉 Will this bring down prices for consumers and businesses?
🌎 How will this affect Mexico’s trade relationships, especially with the U.S.?
🏭 Which industries stand to benefit the most?
💰 Could this put pressure on other countries to adjust their own tariffs?
With global markets watching closely, this move could either boost economic activity or raise concerns about competition for domestic industries.
🤔 Smart trade policy or risky move? How do you see this playing out? Drop your thoughts below! ⬇️
#Mexico #Tariffs #Trade #economy #GlobalMarkets
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MEXICO 🇲🇽 IN RECESSION
Citi has just notified that Mexico has entered a technical recession at the end of March
Citi analysts warned that they expect an annual GDP growth of Mexico at 0.2% by the end of 2025
Not only that, Mexico apparently will have the worst economic growth in Latin America
Felipe Juncal, economist for Mexico and Latin America for Citi, emphasized that the country's GDP will register the worst performance among 12 economies of the subcontinent that the institution monitors
Reforms to the judiciary are another factor contributing to uncertainty in Mexico, as it is unknown what chaos may come as a result of this
In light of all this, President Claudia Sheinbaum denied that the Mexican economy is in a "technical recession"
"No, the technical recession is not corroborated, because we have a plan and there is public investment, private investment, and employment is good, there are many indicators)
In addition, analysts who foresee difficult times forget that Mexico already produces its own chocolate, that's right, the chocolate of well-being, which has sugar, but very little, not like others, this one does have cocoa
#mexico #recesión
Citi has just notified that Mexico has entered a technical recession at the end of March
Citi analysts warned that they expect an annual GDP growth of Mexico at 0.2% by the end of 2025
Not only that, Mexico apparently will have the worst economic growth in Latin America
Felipe Juncal, economist for Mexico and Latin America for Citi, emphasized that the country's GDP will register the worst performance among 12 economies of the subcontinent that the institution monitors
Reforms to the judiciary are another factor contributing to uncertainty in Mexico, as it is unknown what chaos may come as a result of this
In light of all this, President Claudia Sheinbaum denied that the Mexican economy is in a "technical recession"
"No, the technical recession is not corroborated, because we have a plan and there is public investment, private investment, and employment is good, there are many indicators)
In addition, analysts who foresee difficult times forget that Mexico already produces its own chocolate, that's right, the chocolate of well-being, which has sugar, but very little, not like others, this one does have cocoa
#mexico #recesión
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US - Mexico - Canada Trade Negotiations: Important Variables for the Economy and the Crypto Market
Tomorrow, President Donald Trump will hold trade negotiations with Mexico and Canada, an event that could significantly impact the US economy as well as the cryptocurrency market. As global capital flows shift due to trade uncertainties, Bitcoin and crypto may become important safe-haven assets.
The importance of US trade with Mexico and Canada
Both Mexico and Canada are heavily dependent on the US in trade activities:
The importance of US trade with Mexico and Canada
Both Mexico and Canada are heavily dependent on the US in trade activities:
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BTTC/USDT
🚨 BREAKING: Mexico Avoids Trade War with the U.S.! 🇲🇽🇺🇸
In a major diplomatic breakthrough, Mexican President Claudia Sheinbaum has announced that Mexico will NOT impose retaliatory tariffs against the U.S. after reaching an agreement with President Donald Trump! 🤝✨
Trump’s planned 25% tariffs on Mexican products have been postponed for one month, and Sheinbaum emphasized that Mexico is focused on strengthening its economy from within—boosting domestic production and reducing import dependence. 🚜🏭
The conversation between Sheinbaum and Trump was described as “excellent and respectful”, signaling cooperation over confrontation. With $490 billion in exports between the two nations last year, this decision could help maintain economic stability for both sides. 🌍💼
📢 Was this the right move for Mexico? Drop your thoughts below! 👇
#TrumpTariffs #Mexico #TradeWar #GlobalEconomy #BreakingNews
In a major diplomatic breakthrough, Mexican President Claudia Sheinbaum has announced that Mexico will NOT impose retaliatory tariffs against the U.S. after reaching an agreement with President Donald Trump! 🤝✨
Trump’s planned 25% tariffs on Mexican products have been postponed for one month, and Sheinbaum emphasized that Mexico is focused on strengthening its economy from within—boosting domestic production and reducing import dependence. 🚜🏭
The conversation between Sheinbaum and Trump was described as “excellent and respectful”, signaling cooperation over confrontation. With $490 billion in exports between the two nations last year, this decision could help maintain economic stability for both sides. 🌍💼
📢 Was this the right move for Mexico? Drop your thoughts below! 👇
#TrumpTariffs #Mexico #TradeWar #GlobalEconomy #BreakingNews
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Simón Levy claims that there is a judicial investigation against AMLO in the United States 🇺🇸
The former Undersecretary of Tourism Planning of the Tourism Ministry of Mexico City 🇲🇽 Simón Levy caused a stir on social media by reporting that former president Andrés Manuel López Obrador is being investigated in the United States.
#mexico
The former Undersecretary of Tourism Planning of the Tourism Ministry of Mexico City 🇲🇽 Simón Levy caused a stir on social media by reporting that former president Andrés Manuel López Obrador is being investigated in the United States.
#mexico
𝐂𝐫𝐲𝐩𝐭𝐨 𝐛𝐥𝐞𝐞𝐝𝐢𝐧𝐠 𝐚𝐬 𝐓𝐫𝐮𝐦𝐩 𝐤𝐢𝐜𝐤𝐬 𝐨𝐟𝐟 𝐭𝐡𝐞 𝐭𝐫𝐚𝐝𝐞 𝐰𝐚𝐫! 😡
Just as promised during his campaign, #TRUMP slapped a 25% tariff on nearly all imports from #mexico and #Canada , plus 10% on #Chinese goods.
With the stock market closed for the weekend, crypto takes the hit, instantly reflecting fears of economic instability and the return of inflation.
At this rate, crypto bros are the ones suffering the most… Anyone still holding up? Oh wait… maybe there aren’t any hands left to raise.
Just as promised during his campaign, #TRUMP slapped a 25% tariff on nearly all imports from #mexico and #Canada , plus 10% on #Chinese goods.
With the stock market closed for the weekend, crypto takes the hit, instantly reflecting fears of economic instability and the return of inflation.
At this rate, crypto bros are the ones suffering the most… Anyone still holding up? Oh wait… maybe there aren’t any hands left to raise.
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🚨 URGENT 🚨: The United States announces that tariffs on Mexico will take effect on Tuesday and threatens to take military action against Mexican cartels
The Wall Street Journal warned today that the United States will take military action against Mexican drug cartels if Mexican authorities do not take vigorous measures
The outlet reported that Pentagon chief Pete Hegseth told officials that if Mexico does not address the collusion between its government and drug cartels, the U.S. military is prepared to take unilateral action.
The top military leaders of Mexico who were on the call were shocked and outraged, perceiving his words as a hint of a U.S. invasion of Mexico.
Hegseth's warning adds to the pressure on trade negotiations as Mexico seeks to avoid the 25% tariffs that Trump promises to impose starting Tuesday along with a 10% tariff on imports from China.
And to show that he means business, the Trump administration made the decision to send 3,000 more soldiers to the border with Mexico as immigration rules tighten.
Defense Secretary Pete Hegseth ordered the deployment of elements from a Stryker brigade combat team and a general support aviation battalion for the mission, the Pentagon announced.
The troops will be stationed along the nearly 2,000 miles of border in the coming weeks. #TRUMP #mexico
The Wall Street Journal warned today that the United States will take military action against Mexican drug cartels if Mexican authorities do not take vigorous measures
The outlet reported that Pentagon chief Pete Hegseth told officials that if Mexico does not address the collusion between its government and drug cartels, the U.S. military is prepared to take unilateral action.
The top military leaders of Mexico who were on the call were shocked and outraged, perceiving his words as a hint of a U.S. invasion of Mexico.
Hegseth's warning adds to the pressure on trade negotiations as Mexico seeks to avoid the 25% tariffs that Trump promises to impose starting Tuesday along with a 10% tariff on imports from China.
And to show that he means business, the Trump administration made the decision to send 3,000 more soldiers to the border with Mexico as immigration rules tighten.
Defense Secretary Pete Hegseth ordered the deployment of elements from a Stryker brigade combat team and a general support aviation battalion for the mission, the Pentagon announced.
The troops will be stationed along the nearly 2,000 miles of border in the coming weeks. #TRUMP #mexico
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#mexico
Banning the slaughter of bulls in Mexico City, home to the world's largest wild bull slaughterhouse
Lawmakers voted on March 18 to ban bullfights that kill or injure animals in Mexico City, home to the world's largest bullfighting ring.
The ban comes after parallel protests from opponents and supporters of wild cow slaughter.
The ban, sponsored by the mayor of Mexico City, Clara Brugada, aims to encourage "cruelty-free" bullfighting.
Mexico City cannot allow brutality to become a festival. "We cannot allow an animal to suffer and die for entertainment," Brugada said last week.
61 votes in favor of this ban; The Mexico City Legislature announced that it was approved with one vote against.
The ban is opposed by bullfighting advocates, who say it threatens a deeply rooted cultural tradition.
Mexico City is a bullfighting stronghold, and at its heart is the Plaza de Toros bullring, which seats more than 40,000 people.
But the city can be seen as a progressive stronghold and has seen years of legal battles between bull slaughter advocates and animal rights activists.
This ban prohibits the torture of animals for entertainment. Anton Aguilar, Executive Director of Humane World for Animals Mexico, said this is an important step towards eradicating the killings.
Banning the slaughter of bulls in Mexico City, home to the world's largest wild bull slaughterhouse
Lawmakers voted on March 18 to ban bullfights that kill or injure animals in Mexico City, home to the world's largest bullfighting ring.
The ban comes after parallel protests from opponents and supporters of wild cow slaughter.
The ban, sponsored by the mayor of Mexico City, Clara Brugada, aims to encourage "cruelty-free" bullfighting.
Mexico City cannot allow brutality to become a festival. "We cannot allow an animal to suffer and die for entertainment," Brugada said last week.
61 votes in favor of this ban; The Mexico City Legislature announced that it was approved with one vote against.
The ban is opposed by bullfighting advocates, who say it threatens a deeply rooted cultural tradition.
Mexico City is a bullfighting stronghold, and at its heart is the Plaza de Toros bullring, which seats more than 40,000 people.
But the city can be seen as a progressive stronghold and has seen years of legal battles between bull slaughter advocates and animal rights activists.
This ban prohibits the torture of animals for entertainment. Anton Aguilar, Executive Director of Humane World for Animals Mexico, said this is an important step towards eradicating the killings.
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What do you all think about the market? You can no longer sell USDT. Let's hope it goes up to sell or what do you recommend #mexico
#TrumpTariffs MexicoBREAKING: Mexico Steps Back from Trade War with the U.S.! 🇲🇽🇺🇸
Big news in global trade! Mexican President Claudia Sheinbaum has announced that Mexico will NOT impose retaliatory tariffs against the U.S. after an agreement with President Donald Trump. 🌍💼
This comes after Trump's planned 25% tariffs on Mexican products were postponed for one month. Sheinbaum explained that while Mexico was prepared to respond if the tariffs took effect, there's now no need for a trade fight. Instead, she emphasized the importance of strengthening Mexico’s economy from within by boosting domestic production and reducing reliance on imports. 🚜🏭
The conversation between Sheinbaum and Trump was described as “excellent and respectful,” showing a commitment to cooperation rather than confrontation. 📞✨
With trade between the U.S. and Mexico reaching $490 billion in exports last year, this decision could help maintain economic stability for both countries. What do you think—was this the righ move!😭
#TrumpTariffs #mexico
Big news in global trade! Mexican President Claudia Sheinbaum has announced that Mexico will NOT impose retaliatory tariffs against the U.S. after an agreement with President Donald Trump. 🌍💼
This comes after Trump's planned 25% tariffs on Mexican products were postponed for one month. Sheinbaum explained that while Mexico was prepared to respond if the tariffs took effect, there's now no need for a trade fight. Instead, she emphasized the importance of strengthening Mexico’s economy from within by boosting domestic production and reducing reliance on imports. 🚜🏭
The conversation between Sheinbaum and Trump was described as “excellent and respectful,” showing a commitment to cooperation rather than confrontation. 📞✨
With trade between the U.S. and Mexico reaching $490 billion in exports last year, this decision could help maintain economic stability for both countries. What do you think—was this the righ move!😭
#TrumpTariffs #mexico
🚨 TRADE WAR AVERTED! MEXICO & U.S. STRIKE DEAL! 🇲🇽🤝🇺🇸
In a stunning turn of events, Mexico has stepped back from a full-blown trade war with the U.S.! After tense negotiations, Mexican President Claudia Sheinbaum and U.S. President Donald Trump have reached an understanding, putting a hold on Trump’s planned 25% tariffs on Mexican products.
Instead of retaliatory tariffs, Mexico is taking a bold new approach—boosting domestic production and reducing reliance on imports! 🚜🏭 This strategic move strengthens Mexico’s economy from the inside out while keeping the crucial $490 billion trade relationship intact.
Sheinbaum called her conversation with Trump "excellent and respectful," proving that cooperation can triumph over conflict. 📞✨
This decision could mean economic stability for both nations—but was it the right call? Drop your thoughts below! ⬇️🔥
#TradeWarAverted #mexico #TrumpTariffsImpactOnCrypto #Write2Earn
Instead of retaliatory tariffs, Mexico is taking a bold new approach—boosting domestic production and reducing reliance on imports! 🚜🏭 This strategic move strengthens Mexico’s economy from the inside out while keeping the crucial $490 billion trade relationship intact.
Sheinbaum called her conversation with Trump "excellent and respectful," proving that cooperation can triumph over conflict. 📞✨
This decision could mean economic stability for both nations—but was it the right call? Drop your thoughts below! ⬇️🔥
#TradeWarAverted #mexico #TrumpTariffsImpactOnCrypto #Write2Earn
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Short-term economy faces instability: Stellantis halts production due to surge in U.S. tariffs
The automotive group Stellantis has just announced a temporary halt of operations at its plants in Canada 🇨🇦 and Mexico 🇲🇽 in response to the new 25% tariff imposed by President Trump on imported cars.
The plant in Canada, which produces the Chrysler Pacifica and Dodge Charger Daytona EV, will be closed for 2 weeks.
The plant at #mexico , which specializes in assembling the Jeep Compass and Jeep Wagoneer S EV, will cease operations for the entire month of April, starting Monday.
This action has led to thousands of employees being temporarily laid off and highlights the significant pressure that the supply chain and global manufacturing industry are facing amid rising trade tensions.
In this context, concerns about a short-term recession are becoming increasingly evident, especially as #USDX has decreased from 103.3 to 101.3 after the tariff information was announced (data from #FXCE ), reflecting investors' unease about the economic outlook of the U.S. and globally.
📉 The production stagnation not only affects the automotive industry but also poses a risk of spreading to other sectors, creating a wave of economic instability in the near future.
The automotive group Stellantis has just announced a temporary halt of operations at its plants in Canada 🇨🇦 and Mexico 🇲🇽 in response to the new 25% tariff imposed by President Trump on imported cars.
The plant in Canada, which produces the Chrysler Pacifica and Dodge Charger Daytona EV, will be closed for 2 weeks.
The plant at #mexico , which specializes in assembling the Jeep Compass and Jeep Wagoneer S EV, will cease operations for the entire month of April, starting Monday.
This action has led to thousands of employees being temporarily laid off and highlights the significant pressure that the supply chain and global manufacturing industry are facing amid rising trade tensions.
In this context, concerns about a short-term recession are becoming increasingly evident, especially as #USDX has decreased from 103.3 to 101.3 after the tariff information was announced (data from #FXCE ), reflecting investors' unease about the economic outlook of the U.S. and globally.
📉 The production stagnation not only affects the automotive industry but also poses a risk of spreading to other sectors, creating a wave of economic instability in the near future.
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