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Mexico still preparing for U.S. car tariffs

Staff Writer |
Mexico is still preparing all options to respond to possible U.S. tariffs on car imports, Deputy Economy Minister Juan Carlos Baker said, despite U.S.-European talks last week that were supposed to have seen off the immediate threat.

Baker was speaking after meeting senior trade officials from Canada, Japan, South Korea and the European Union in Geneva, which is also home to the World Trade Organization.

The countries - long term U.S. allies which are at odds with Trump over trade relations - were not coordinating their response, Baker told reporters. However, they were all determined to respond if tariffs on cars were imposed, he said, noting that the U.S. process to introduce them had not stopped.

"We take that very seriously. Until that process is fully concluded and no tariffs are imposed, we need to be serious and consider the possibility that those tariffs may be established. We need to make clear that we are prepared to react," he said.

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