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Last June, Mexico imposed tariffs of between 15 and 25 percent on steel products and other U.S. goods, in retaliation for the tariffs applied on the Mexican metals imports that Trump imposed citing national security concerns. Mexico’s Deputy Minister for Foreign Trade Luz Maria de la Mora told Reuters last week that Mexico is reviewing the list of U.S. products to which former President Enrique Peña Nieto applied reprisals. She said a new list would be set by the end of April if the United States has not withdrawn tariffs on Mexican steel and aluminum before then cufflink shirts online india.
“Yes, there is the lobby, and yes we agree that a mirror policy applies,” Bosco de la Vega, head of Mexico’s National Farm Council, told reporters on Tuesday when asked if Mexican farmers are pushing to include specific U.S. grains, chicken and beef products in the new list cufflink shirts online india. “The Mexican government knows that the U.S. agricultural sector is what hurts the United States’ government the most,” said de la Vega, pointedly noting that American farmers constitute “President Donald’s hard-core base.”..
He said Mexican grains farmers have been “the big losers” during decades of liberalized agricultural trade with the United States. Lopez Obrador, who took office in December, has pledged to make Mexico self-sufficient in key farm products in which U.S cufflink shirts online india. imports have grown dramatically over the past couple decades, including yellow corn, used mostly by Mexico’s livestock sector. De la Vega comments largely echo those of senior Lopez Obrador agricultural officials. “Over the past 25 years, the government allowed corn, wheat, sorghum, soy, milk and other products to be imported below production costs,” said Victor Suarez, a deputy agricultural minister..
BEIJING (Reuters) – China sought to shore up its slowing economy through billions of dollars in planned tax cuts and infrastructure spending, with economic growth at its weakest in almost 30 years due to softer domestic demand and a trade war with the United States. The government is targeting economic growth of 6.0 to 6.5 percent in 2019, Premier Li Keqiang said at Tuesday’s opening of the annual meeting of China’s parliament, less than the 6.6 percent gross domestic product growth reported last year cufflink shirts online india.
Sources told Reuters earlier this year that China would cut its 2019 growth target to 6.0 to 6.5 percent from the 2018 target of around 6.5 percent as both global and domestic demand ebbed and the U.S. trade war heightened economic risks. Speaking in Beijing’s Great Hall of the People, Li warned of the challenges the world’s second-largest economy faced and pledged to keep it on a safe footing with an array of stimulus measures. “The environment facing China’s development this year is more complicated and more severe,” he said cufflink shirts online india. “There will be more risks and challenges that are either predictable or unpredictable and we must be fully prepared for a tough battle.”..