Quotes
If there are U.S. tariffs, Mexico would also raise tariffs,
Sheinbaum said during a news conference, in her clearest statement yet that It's a shot in the foot,
Ebrard said of Trump's proposed tariffs, which appear to violate the USMCA trade deal between Mexico, Canada and the U.S The impact on companies is huge,
Such tariffs will, in the end, boomerang on the US in the form of higher inflation and rising interest rates,
said Bernard Baumohl, chief global economist for the Economic Outlook Group What happens in the US has a big impact on us, and something like this would clearly have an impact on both economies,
Deputy Governor Rhys Mendes said at an event in Charlottetown, Prince Edward Island If implemented, this would spell disaster for the US auto industry and Detroit's Big Three manufacturers, all of whom import significant numbers of vehicles from Canada and Mexico, as well as Volkswagen and other European OEMs (original equipment manufacturers),
Bernstein analyst Daniel Roeska said in a note One tariff will follow another in response and so on, until we put our common businesses at risk,
Mexican President Claudia Sheinbaum said during a regular press conference The president should have first seen how much this will impact everyone before speaking,
People will have to pay a higher price. Whatever they charge us, we will pass on to the consumer,
Flores said from his section of the larger complex, the Los Angeles Wholesale Produce Market Any tariff is an added tax that impacts all of us, including those who buy a pound, two pounds, or a thousand or 10,000 pounds,
said Flores, who has lived in Los Angeles for 40 years and is originally from the Mexican state of Morelos While it’s generally understood that a blanket 25 percent tariff on any vehicles or content from Mexico or Canada could be disruptive, investors under-appreciate how disruptive this could be,
they wrote in a note on Tuesday I had an excellent conversation with President Donald Trump,
Sheinbaum posted on social media The impact of this measure will chiefly be felt by consumers in the United States ... That is why we say that it would be a shot in the foot,
he said, speaking alongside President Claudia Sheinbaum during her regular morning conference Around 400,000 jobs will be lost
he said, citing a study based on figures from US carmakers that manufacture in Mexico But that's a heavy lift, especially for a Republican Congress
at the start of Trump's term ... said Stephen Kho, a trade lawyer at Akin Gump and former China trade enforcement counsel at the Office of the U.S. Trade Representative It’s going to be very bad for the North American economy if this scenario unfolds as promised. We can hope that it’s just an elaborate bluff,
This is a time when U.S. consumers have expressed a lot of dissatisfaction with inflation, and arguably elected Trump because of that dissatisfaction,
says Kimberly Clausing, former lead economist in the Biden Administration’s Office of Tax Policy I have a vision that there will be an agreement with the United States and with President Trump,
On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25 percent Tariff on ALL products coming into the United States, and its ridiculous Open Borders,
As everyone is aware, thousands of people are pouring through Mexico and Canada, bringing Crime and Drugs at levels never seen before. Right now a Caravan coming from Mexico, composed of thousands of people, seems to be unstoppable in its quest to come through our currently Open Border,
the president-elect wrote on Truth Social
