As President Trump prepares for a pivotal meeting with President Xi Jinping of China, both countries say they do not need to compromise to bring a bruising trade war to an end.
Tag: Customs (Tariff)
Mexico Ratifies Trade Deal With the U.S. and Canada
The United States initiated the revision of the North American trade agreement with Mexico and Canada, but Mexico is now the first to ratify the deal.
Mexico Sets Domestic Priorities Aside to Meet Terms of U.S. Trade Deal
President Andrés Manuel López Obrador agreed to divert scant resources to controlling migration instead of fulfilling promises like combating violence.
Trump Calls Off Plan to Impose Tariffs on Mexico
President Trump said Friday evening on Twitter that the “Tariffs scheduled to be implemented by the U.S. on Monday, against Mexico, are hereby indefinitely suspended.”
U.S. and Mexico Issue Joint Declaration on Migration and Tariffs
Mexico agreed to take “unprecedented steps” to stop migrants from crossing its border into the United States, the State Department said. Read the statement here.
Trade Wars Stoke Economic Fear as G-20 Finance Ministers Gather in Japan
Treasury Secretary Steven Mnuchin will meet China’s central bank governor in the first meeting of senior officials from the countries since trade talks broke down.
Mexico Will Face Tariffs Next Week, Trump Vows
At a news conference in London, the president says Republican senators would be “foolish” to try to stop him.
China Strikes Defiant Stance on Trade Against Trump
In a new white paper, Beijing blamed the United States for the breakdown in trade talks. Some companies, like FedEx, are already feeling pressure from the Chinese government.
Modi’s Problems at Home Overshadow Trump’s Latest Trade Threat to India
President Trump ended India’s special trade status, hoping to jolt stalled trade talks. But the prime minister is focused on India’s sluggish economy.
Trump Says U.S. Will Hit Mexico With 5% Tariffs on All Goods
The president said he would use tariffs to punish Mexico until it stops the flow of migrants into the United States.