Mexico hits U.S. with retaliatory tariffs - News Summed Up

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Mexico hits U.S. with retaliatory tariffs


The tariffs came as the Trump administration threw yet another complication into the fractious NAFTA talks by saying it wants to splinter discussions with Canada and Mexico and work on separate agreements rather than continue three-country discussions to rewrite the 1994 trade deal. “These tariffs will exact immediate and painful consequences on many American farmers,” said Angela Hofmann, deputy director of Farmers for Free Trade. The United States also imposed metals tariffs on the European Union, Japan and other countries as part of an effort to stop the flow of imported metals. Farmers, who are among those most vulnerable to the Mexican tariffs, said the tariffs would devastate U.S. agriculture. “These tariffs will exact immediate and painful consequences on many American farmers,” Angela Hofmann, deputy director of Farmers for Free Trade, said in a statement.


Source: thestar June 06, 2018 00:56 UTC



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