Navigation
Suscribe
Menu Search Facebook Twitter
Search Close
Menu ALL SECTIONS
  • Capital Coahuila
  • Capital Hidalgo
  • Capital Jalisco
  • Capital Morelos
  • Capital Oaxaca
  • Capital Puebla
  • Capital Quintana Roo
  • Capital Querétaro
  • Capital Veracruz
  • Capital México
  • Capital Michoacán
  • Capital Mujer
  • Reporte Índigo
  • Estadio Deportes
  • The News
  • Efekto
  • Diario DF
  • Capital Edo. de Méx.
  • Green TV
  • Revista Cambio
Radio Capital
Pirata FM
Capital Máxima
Capital FM
Digital
Prensa
Radio
TV
X
Newsletter
Facebook Twitter
X Welcome! Subscribe to our newsletter and receive news, data, statistical and exclusive promotions for subscribers
Mexico

Mexico Economy Secretary to Meet with Ford, GM in Detroit

He will discuss the state of U.S.-Mexico trade and the future of the North American Free Trade Agreement

Ildefonso Guajardo, photo: Cuartoscuro/Galo Cañas
By Reuters Whatsapp Twitter Facebook Share
10 months ago

MEXICO CITY – Mexico’s economy minister will travel to Detroit on Friday to meet with executives from automakers Ford Motor Co and General Motors Co as Mexico seeks to deter U.S. President Donald Trump from imposing a border tax on Mexican-made goods.

Economy Secretary Ildefonso Guajardo will also meet with auto parts makers that have operations in Detroit and Mexico, the ministry said in a statement. He will discuss the state of U.S.-Mexico trade and the future of the North American Free Trade Agreement (NAFTA), the ministry said.

Trump has vowed to exit NAFTA, the 1994 accord that also includes Canada, if he cannot get better terms for the United States.

On Tuesday, Foreign Relations Secretary Luis Videgaray said Mexico would only stay in NAFTA if it suited the nation and he rejected the imposition of any tariffs or quotas. The countries have yet to start formal negotiations.

“Thanks to NAFTA, Mexico and Michigan have built a dynamic trade relationship,” the ministry said, noting that Mexico was Michigan’s second biggest trade partner with more than $12 billion in exports to Mexico last year.

Comments Whatsapp Twitter Facebook Share
More From The News
Business

Bitcoin futures soar amid frenzy over vi ...

2 days ago
Science

France names winners of anti-Trump clima ...

2 days ago
Business

The Latest: Bitcoin futures end 1st day ...

2 days ago
Latest News

Tigertown: Morris, Trammell elected to b ...

2 days ago
Most Popular

Up to 90 Million More Takata Airbag Infl ...

By The Associated Press
Business

Deficit in the Mexican Payments Balance

By The News
Business

Mexico's Industries seek U.S. Partner Co ...

By Rosalba Amezcua
Business

Empowering Women's Financial Stability

By Rosalba Amezcua
Business

Scandal-plagued Toshiba Sells Medical Un ...

By The Associated Press
Business