The Standard & Poor’s firm (S&P) estimated that the implementation by the United States of 25% tariffs to Mexican exports would push the second largest economy in Latin America to a recession.
In addition, S&P added that due to adverse effects on the Mexican export sector due to possible tariffs, which would be announced on Saturday, the average unemployment rate will increase by 2025.
Lee: Tariffs to Mexico and Canada of 25% from February 1, says the White House
With Reuters information
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