Mexico Ready to Respond if US Decides to Tax Goods Sputnik
go to original February 25, 2017

Mexico warns US of retaliatory tariffs over Trump's border wall (Euronews)

The Mexican government is ready to respond with similar measures if the United States imposes a 20-percent tax on goods from Mexico in order to pay for the border wall, Mexican Foreign Minister Luis Videgaray has announced.

"Probably the answer would not be to impose a generalized tax on all imports coming from the United States because that would hurt the Mexican consumer… we would do it selectively, as it was once done," Videgaray said in a Friday interview with Radio Formula.

The Trump administration has suggested imposing a 20 percent tax on US imports from Mexico to pay for the border wall.

Read the rest at Sputnik

Related: A Confident Mexico Says Will Not Rush to Negotiate NAFTA with Trump (Reuters)

Related: Mexico Calls on Latin America to Champion Free Trade (Xinhua)

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