WASHINGTON (AP) Mexico launched a counteroffensive today against the threat of U.S. tariffs, warning not only that it hurt the economies of both countries but also would allow a quarter million more Central Americans to migrate North.
A high-level delegation from the Mexican government held a press conference at the embassy in Washington, making the case against the threat by President Donald Trump of imposing a 5% tariff by June 10.
Trump is in London for a long-planned overseas trip, leaving others to stem a potential trade crisis. Its unclear what more Mexico can do and what will be enough to satisfy the president. Trumps Republican allies warn that tariffs on Mexican imports will hit U.S. consumers and harm the economy.