Ebrard on tariffs • Economics and Finance • Forbes Mexico

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Mexico City.- Everything Mexico had to have done in commercial negotiations with the US was done and now it remains to wait and “see if we spend the test on Friday,” said the Secretary of Economy, Marcelo Ebrard, in the face of the entry into force of the tariffs of 30% from August.

“My perspective is optimistic. However, we have to wait for the decisions made by President Trump with his team. Already everything Mexico had to do is done. Now we have to wait today, tomorrow and Thursday. My perspective is positive, we will see what it results,” he said at a press conference on artificial intelligence.

After indicating that cold blood must be had, “Don’t Panic”, the official considered that Mexico is going very well if its situation is compared with the rest of the world.

“You have to see how the system is in the end. That is, who will it cost more to participate in the market? I can tell you, I don’t know if on Friday, but soon. Now, the agreement that was reached in January is one of the best in the world. Now we will see if we spend the test on Friday, I hope it does,” he added.

Lee: Trump warns tariffs from 15 to 20% for members who do not negotiate

In mid -July, President Donald Trump informed the government of Claudia Sheinbaum that although the country has helped ensure the southern border of the US, it is still insufficient to stop the drug cartels. Therefore, he justified a 30% tariff from August 1.

He pointed out that the negotiations “have been very intense, complex, just as we are at the time of knowing what this stage will conclude.”

“Today it is very ventured to give data, because I cannot do it and my perspective is optimistic about the tariff issue of Mexico and the United States,” he said.

Lee: 85% of Mexico’s goods will be out of Trump’s tariffs: Larry Rubin

“Today 84% of our trade with the United States has no tariff. Someone told me ‘What agreement will Mexico have?’ Well, we already have it, ”he said.

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