US tariffs looming, many in Mexico back president’s approach - News Summed Up

US tariffs looming, many in Mexico back president’s approach


He wants dialogue, not a Twitter spat, and much less a trade war with the country that buys 80 per cent of Mexican exports. The business stands to take a hit if the tariffs, starting at 5% and rising as high as 25%, take effect on a Monday deadline Trump has given Mexico for slowing irregular migration through its territory. And while Lozoya feels his country could probably do more on that issue, he believes things are in good hands with López Obrador. Under López Obrador, who took office Dec. 1, Mexico has increased deportations and highway checkpoints in the south while raiding migrants travelling in a large caravan and atop freight trains. That’s not to say the Mexican president doesn’t have his critics.


Source: thestar June 05, 2019 05:26 UTC



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