Mexico

Mexico says will not accept tariffs or quotas in U.S. trade talks

BUSINESS NEWS | Tue Feb 28, 2017 | 3:44pm EST

Mexico will not accept tariffs or quotas when renegotiating the North American Free Trade Agreement with the United States, the foreign minister said on Tuesday, the latest challenge to U.S. President Donald Trump’s proposals to erect trade barriers.

Trump says NAFTA is a bad deal for the United States and wants it renegotiated, or torn up. Talks are expected to start later this year.

“The free trade agreement should be a free trade agreement,” Foreign Minister Luis Videgaray said at a session in Mexico’s Senate. “Mexico will not accept, tariffs, quotas or restrictions on free trade.”

(Reporting by Mexico City bureau. Writing by Frank Jack Daniel)

Categories: Mexico, Trade

Tagged as: , , , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s