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.

Recent related news

Advertisement
PHOENIX (AP) — Border Patrol agents descended on a medical camp set up in the Arizona desert to provide refuge and water for migrants in the scorching summer...
1 week ago • Seattle Times
Mexican Finance Minister José Antonio Meade thinks it unlikely that Mexico will need to make changes in its tax code in the event the U.S. Congress passes...
4 days ago • Wall Street Journal
U.S. President Donald Trump’s promised border wall with Mexico aims to cut into drug trafficking and illegal immigration and could hurt trade and tourism...
4 days ago • bizjournals

You might like