The Secretary of Economy, Marcelo Ebrard stated that if Donald Trump complies with his proposal campaign to impose 25% tariffs on Mexico, The Mexican government will respond in the same waywhich could cause an increase in inflation.
In an interview with López Dóriga on Radio Formula, Ebrard pointed out that applying this tariff would be very costly for the United States economy, since Mexico is its main trading partner.
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“If you apply the 25% tariff to me, I have to react with tariffs, and I am your main importer along with Canada, so if you impose tariffs, we are also going to impose tariffs,” he explained.
Ebrard specified that, despite Trump’s threat, the Mexican government has the conditions to play a favor and negotiate during the review of the Treaty between Mexico, the United States and Canada. (T-MEC), which will be carried out in 2026.
Asked about the Chinese automotive brands in the country, the head of Economy highlighted that no vehicle of this type is produced in Mexico and that the only plant that produces these vehicles from the Asian country is located in Pasadena, California, where They produce cargo trucks.
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“There are no plants in Mexico to date for some of the Chinese brands,” he stated.
In this sense, he indicated that the issue is more of a competition regarding the technological content of the vehicles, which is why each brand fights to have better components to attract more buyers.
“What we have to do with the United States, Europe and the brands that are in Mexico is work on a common plan to be more competitive,” said.
YC
