Mexican Economy Minister to meet US Commerce Secy to defuse rising trade tensions

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  • Mexican Economy Minister Graciela Marquez will meet US Commerce Secretary Wilbur Ross in Washington today in an effort to defuse rising trade tensions.
  • President Donald Trump has threatened to slap a 5 per cent tariff on all Mexican goods starting June 10 if the country fails to stem the flow of migrants and drugs into the US, and gradually raise that tariff to 25 per cent if he remains unsatisfied with the results.
  • Mexican trade and foreign relations officials have meetings scheduled as well for Wednesday in Washington.
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