Petarymacro.com CIO Joseph Wang argues that the tariffs of President Donald Trump in Canada and Mexico are nothing more than a negotiating tactic on “monetization”.
CEO of Nissan Makoto Ochida suggested that President Trump's tariffs could force the car manufacturer to change his production outside Mexico.
“From Mexico to the United States, we export a significant number of cars in the fiscal year (…) 320,000 units of Mexico are exported to the United States and if high tariffs are imposed, we should Be ready, and maybe we can convey the production of these models elsewhere, we will think about how we can monitor the situation. ” Translation in ReutersHuman
The action could be a major blow to the Mexican car manufacturing sector, as nearly 670,000 vehicles were built by Nissan in the country, more than 456,000 of them. Unotv Spanish languageHuman
The output said Nissan is in Mexico Second For those criteria after General Motors.
White House economist says mutual tariff negotiations with other countries are ongoing
The White House adviser for the trade and production of Peter Navaro “Trump's most powerful weapons against inflation, described in” Morning with Maria “. (Chip somodevilla / getty images)
“We will issue a lot of volume to us, so if there is a high tariff, it will have great consequences in our business, so we have to control it carefully.”
Trump's 25 % tariffs in Mexico are currently waiting at least until March, following a conversation with Mexican President Claudia Shinbavum. Trump has argued that the main purpose of tariffs in the southern US neighbor is to promote border security.
The CEO of Nissan Makoto Uchida speaks during a Bloomberg television interview at the company's headquarters in Yokohama, Japan on November 29, 2021. (Sushi Oeta / Bloomberg through / Giti Pictures)
“It was a very friendly conversation in which he agreed to immediately separate 10,000 Mexican troops on the border that separates Mexico and the United States. These soldiers specifically to stop the flow Fentanyl and illegal immigrants are appointed to our country. ” A social post -truth post -conversation with Sheinbaum, as critics argued that Mexico has sent to border soldiers several times in recent years.
What happens to Trump's tariffs in China, Canada and Mexico?
However, Trump said conversations between the two countries will be carried out by cabinet officials, including the Foreign Minister Marco Rubio, the Foreign Minister of Howard Luttenik and the Treasury Secretary of Scott Bosun.
Scott Bosent, the Treasury Secretary, discussed the global tariff programs and Trump on Friday's “Morning with Maria”. (Paul Morigi / Getty Images)
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However, the possibility of resuming tariffs in the United States, such as Nissan, take the necessary steps to prevent higher costs in the absence of their production lines. Mexico, China or CanadaIn addition to Mexico's tariffs, humans have announced that there are mutual tariffs in countries that add to American goods insurance.
“By creating a more balanced and balanced trade, we can reduce the business deficit; grow the US economy; and improve our business relationships with business partners in favor of workers, producers, farmers, ranchers, entrepreneurs and jobs.” He said in A. Memorandum of Understanding Thursday.