Mexico Will Immediately Respond To Any U.S. Border Tax
Wochit Headline News - Friday, 13 January 2017
Reuters reports that on Friday, Mexico's economy minister said that Mexico must be ready to respond immediately with its own tax measures if the incoming administration of President-elect Donald Trump imposes a border tax, warning such protectionism may trigger a global recession. Trump, who takes office on Jan. 20, has promised a "major border tax" on companies that shift jobs outside the United States, and such a measure could hobble Mexico's exports to its top trading partner.
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