MEXICO CITY: -Mexico´s overseas minister has warned the United States that his nation will impose tariffs on US merchandise if President Donald Trump taxes Mexican imports to finance a border wall.
“If Mexico is confronted with this as a fact, now not a rhetorical risk… the Mexican executive may have to reply,” Foreign Minister Luis Videgaray advised Radio Formula on Friday.
“The solution would now not be to impose a basic tax on all imports coming from the United States, as a result of that might harm the Mexican shopper… we’d do it selectively.”
The neighboring nations face the largest diplomatic rift in many years over Trump´s insistence that Mexico pay for development of a wall alongside their 2,000-mile (three,200-kilometer) border.
Mexican President Enrique Pena Nieto´s executive has expressed robust opposition to one of these transfer.
Videgaray famous that if Trump puts tariffs on Mexican items, it might hit US families that purchase all forms of merchandise from south of the border, together with avocados, automobiles, telephones and home equipment.
The Mexican most sensible diplomat stated his nation is open to dialogue on “some facets” of Trump´s promise to renegotiate the North American Free Trade Agreement (NAFTA) between Canada, Mexico and the United States, however that his nation won’t settle for imposed tariffs.
Pena Nieto canceled a deliberate assembly with Trump in Washington remaining month over america chief´s vow to make Mexico pay for the wall.
US Homeland Security Secretary John Kelly and Secretary of State Rex Tillerson visited Mexico on Thursday the place they met with Pena Nieto, Videgaray and different officers in an try to mend frayed ties.