Mexico sees diminished threat of U.S. tariffs after effort to curb migration
Reuters
Published Sep 11, 2019 11:25AM ET
Mexico sees diminished threat of U.S. tariffs after effort to curb migration
MEXICO CITY (Reuters) - Mexican President Andres Manuel Lopez Obrador said on Wednesday the U.S. threat of tariffs on Mexican goods has lessened, after his top envoy met U.S. President Donald Trump and other Washington officials to assess progress on reducing migration.
After meeting with Vice President Mike Pence and a brief exchange with Trump in Washington on Tuesday, Mexican Foreign Minister Marcelo Ebrard said he expected further significant decreases in U.S.-bound migration through Mexico.
Lopez Obrador told reporters the meetings had a softer tone than in June, when Mexico agreed to tougher measures to curb migration in exchange for averting U.S. tariffs on Mexican exports, and to review progress in 90 days.
"They had a more rigid stance, this time it was different. There was recognition that promises have been met on our side," Lopez Obrador said.
He added he would provide further details about the Washington meetings on Thursday.
Pence acknowledged Mexican efforts but said U.S. officials will work with Mexico to expand the Migrant Protection Protocols, a contentious U.S. policy that sends immigrants including asylum seekers to Mexico to wait out proceedings. It is aimed at discouraging them from pursuing claims and has led to backlogs in U.S. immigration courts.
Get The News You Want
Written By: Reuters
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.