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Mexico’s Sheinbaum says government is prepared for possible US crude tariff
Mexico’s President Claudia Sheinbaum said on Friday her administration had a plan to deal with the possible imposition of U.S. tariffs on Mexican crude oil, after President-elect Donald Trump threatened a blanket 25% import tax this week. “If it were to happen by all means we have a plan, but ideally it would not happen,” Sheinbaum told a morning press conference, adding she was confident Mexico would reach a deal with Trump. The U.S. is the top destination for Mexican crude exports, and Mexico ranks as the United States’ second biggest supplier after Canada. Trump’s plan would impose a blanket 25% tariff ... (full story)
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- Posted: Nov 29, 2024 3:13pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 89
