President Donald Trump’s intention to increase tariffs on goods and products entering the United States by up to 25 percent will have serious implications for the country’s economy, since Mexico is the main partner in the US market, emphasized the president of the Business Coordinating Council (CCE), Raúl Montelongo Nevárez.
The business leader celebrated that in the last few hours, after the negotiation of President Claudia Sheinbaum, this decision has been paused. In addition, he trusted that this pause will be prolonged since Mexico would be the most affected.
“At the end of the day, Mexico is the one that loses the most of the three countries that are in the Treaty, what we export to the United States is around 80 percent and they around 20, so we are in unequal circumstances,” he said.
He warned that if the 25 percent tariff had been applied to trade operations between the countries that make up the T-MEC, there would be risks to the jobs and economy of the three countries that make it up: Mexico, the United States, and Canada.
He said that according to official data from the Ministry of Economy of the Federal Government, in 2024 Mexico exported 466 billion dollars, of which Durango reported international sales in the order of 158 million dollars, mainly in wires and electrical cables, parts and accessories for motor vehicles, as well as gold.
While international purchases amounted to a total of 169 million dollars in products such as corn, parts and accessories for motor vehicles; and electrical devices to switch or protect electrical circuits.
Source: elsiglodedurango
