financetom
Economy
financetom
/
Economy
/
Mexico and US agree to economic dialogue, Mexican official says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Mexico and US agree to economic dialogue, Mexican official says
Feb 5, 2025 2:55 PM

MEXICO CITY (Reuters) -Mexican and U.S. officials agreed to ongoing and open dialogue on economic issues like strengthening regional supply chains and the traceability of foreign investment on Wednesday, a senior Mexican official told Reuters.

In a meeting at the White House, officials from both countries discussed the beginning of public consultations ahead of a revision of the USMCA North American trade pact, said Deputy Foreign Trade Minister Luis Rosendo Gutierrez, adding that the review remains scheduled for 2026.

"For now we have not yet started talking about tariffs," Gutierrez. "We were very well received from all the economic areas and the idea is to start working next week with a permanent exchange of information."

President Donald Trump has threatened both Mexico and Canada with 25% tariffs, but pushed the roll-out back a month on Monday in exchange for promises from the two countries to tackle drugs and immigration. Mexico agreed to deploy 10,000 National Guard troops to the border.

Gutierrez said he arrived in Washington on Monday at the request of Mexican President Claudia Sheinbaum to meet with officials from the administration of President Donald Trump.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Trump says he won't appoint anyone to Fed who doesn't back rate cuts
Trump says he won't appoint anyone to Fed who doesn't back rate cuts
Jun 27, 2025
WASHINGTON (Reuters) -U.S. President Donald Trump said on Friday he would not appoint anyone to head the Federal Reserve who would not lower interest rates from where they are, setting perhaps the most explicit litmus test yet for candidates to be the next central bank chief to align with his demands for steep rate cuts in order to get the...
Trump says he won't appoint anyone to Fed who doesn't back rate cuts
Trump says he won't appoint anyone to Fed who doesn't back rate cuts
Jun 27, 2025
WASHINGTON (Reuters) -U.S. President Donald Trump said on Friday he would not appoint anyone to head the Federal Reserve who would not lower interest rates from where they are, setting perhaps the most explicit litmus test yet for candidates to be the next central bank chief to align with his demands for steep rate cuts in order to get the...
Trump says he wants interest rate cut to 1%, would 'love' if Powell resigned
Trump says he wants interest rate cut to 1%, would 'love' if Powell resigned
Jun 27, 2025
WASHINGTON (Reuters) -U.S. President Donald Trump said on Friday he would love if Federal Reserve Chair Jerome Powell were to resign, and the president also said he wanted interest rates cut to 1%. KEY QUOTES I'd love him to resign if he wanted to, he's done a lousy job, Trump said, also labeling the Fed chair as stupid. I think...
Senate bill hastens end of wind, solar tax credits and imposes new tax
Senate bill hastens end of wind, solar tax credits and imposes new tax
Jun 28, 2025
WASHINGTON (Reuters) -The latest version of the Senate's massive budget bill that the Senate is racing through for a vote as soon as Saturday deals a fatal blow to the use of tax credits in place since 2005 to spur more wind and solar energy and would set a new tax on those projects for the first time, renewable energy...
Copyright 2023-2026 - www.financetom.com All Rights Reserved