Mexico pledges to resolve U.S. tariff threats, highlighting trade resilience, crackdown on contraband, and efforts to expand partnerships, including UAE investments in semiconductors and renewable energy.
Mexico is going to find a solution to avoid the imposing of tariffs by the United States, Economy Minister Marcelo Ebrard said on Friday, following threats from U.S. President-elect Donald Trump to do so.
Trump has promised sweeping tariffs on Mexico if it does not crack down on migrant arrivals at the shared border and the entry of drugs, particularly fentanyl, into the U.S.
Ebrard, speaking at a conference in Mexico City, compared the current trade tensions with previous negotiations during Trump's first term, when Ebrard was Mexico's foreign minister.
Then, Trump made big tariff threats around migration that did not come to pass.
"In the end, there were no tariffs or treaties, because we found a way out," Ebrard said, adding that this time, "I guarantee you we're going to find (a way out)."
Ebrard reiterated that Trump's tariff threats seemed unrealistic because of the heavy impact they would have on the U.S. economy.
"You can't have low inflation and sustained economic growth in the U.S. if, at the same time, you're rolling out strong protectionist policies against Mexico and China," he said. "That's a key advantage for Mexico."
Trump has also accused Mexico of being a backdoor for Chinese goods to reach the U.S., something Mexico denies.
Mexico has, however, launched a crackdown on contraband products imported from Asia called "Operation Clean-Up." It also imposed tariffs on textile imports, which Ebrard said were in response to the flooding of the local market with cheap goods.
Mexico is also looking to broaden its trade relationship with other countries beyond the U.S., Ebrard said, adding that the United Arab Emirates' sovereign wealth fund was studying investments in Mexico's semiconductor and renewable energy sectors.
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The US Attorney-General has directed prosecutors to pursue the death penalty for the 26-year-old Luigi Mangione, the accused killer of UnitedHealth Group CEO. In official statement, Mangione’s lawyer Karen Friedman Agnifilo labeled the Attorney General’s move as “barbaric.”
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U.S. President Donald Trump is set to unveil a sweeping new round of tariffs on what he calls “Liberation Day,” a move that could shake up U.S. trade policy and heighten tensions with global partners. With few details known, markets are already bracing for impact.
China is prepared to collaborate with Russia to advance multi-polarization and promote greater democracy in international relations, Chinese Foreign Minister Wang Yi stated after discussions with Russian officials in Moscow.
The US Attorney-General has directed prosecutors to pursue the death penalty for the 26-year-old Luigi Mangione, the accused killer of UnitedHealth Group CEO. In official statement, Mangione’s lawyer Karen Friedman Agnifilo labeled the Attorney General’s move as “barbaric.”
Myanmar’s military junta has rejected ceasefire proposals aimed at facilitating rescue efforts after a devastating 7.7-magnitude earthquake. As the death toll climbs to 2,719, with 400 missing and over 4,000 injured, military operations continue despite calls from opposition groups to pause the conf
The 19th MedExpo Kyrgyzstan 2025 has opened in Bishkek, featuring over 50 companies from 11 countries. The event serves as a key platform for medical advancements, presenting cutting-edge solutions in healthcare, pharmaceuticals, and medical technology. The exhibition runs until April 3.
U.S. President Donald Trump is set to unveil a sweeping new round of tariffs on what he calls “Liberation Day,” a move that could shake up U.S. trade policy and heighten tensions with global partners. With few details known, markets are already bracing for impact.
On April 2, Frank-Walter Steinmeier, President of the Federal Republic of Germany, accompanied by his wife Elke Büdenbender, visited the Alley of Martyrs in Baku to honor the Azerbaijani heroes who sacrificed their lives for the country’s independence and territorial integrity.
China is prepared to collaborate with Russia to advance multi-polarization and promote greater democracy in international relations, Chinese Foreign Minister Wang Yi stated after discussions with Russian officials in Moscow.
The US Attorney-General has directed prosecutors to pursue the death penalty for the 26-year-old Luigi Mangione, the accused killer of UnitedHealth Group CEO. In official statement, Mangione’s lawyer Karen Friedman Agnifilo labeled the Attorney General’s move as “barbaric.”
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