Trump tariffs violate NAFTA and the rules of the WTO

He described as unacceptable that it is intended to impose trade sanctions on our country for a social issue, such as the flow of migrants.

The application of tariffs to Mexican products – as announced by the president of the United States – would be in violation of the current North American Free Trade Agreement ( NAFTA ) and the rules of the World Trade Organization (WTO), the Council said. Business Coordinator (CCE).

Also, he added that the announced decision to enter into operation as of June 10 is “incongruent”, after the result of collaboration established between Mexico and the US in the commercial field in the direction of the ratification of the T-MEC “USMCA”, materialized in the presentation of the commercial agreement before the legislative powers for approval.

“There is no justification for the possible application of these tariffs, which would cause damages to Mexican exporters, but also to US consumers and producers,” said the Mexican private sector.

The organism that Carlos Salazar directs trusts that behind the announcement dialogue prevails and joint solutions are built to common problems, such as migration, without harming the future of development and shared prosperity that we always seek to achieve.

The president of the Coparmex, Gustavo de Hoyos, and the leader of the Concanaco, José Manuel López, backed the decision of the chief executive to send Washington the head of the Foreign Affairs Secretariat, Marcelo Ebrard, to persuade the US government. However, “there should be no hesitation or complacency,” said the employer leader.

José Manuel López Campos described as unacceptable that it is intended to impose trade sanctions on our country for a social issue, such as the flow of migrants.

Source: el economista

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