Mexico’s Sheinbaum: If the US imposes tariffs, this puts aside the USMCA trade pact

There are separate comments from Mexico’s economy minister:

• Tariffs would impact millions of American families, would be a ‘strategic error’
• Tariffs would make fruit, vegetables, meat, beer, cars, household appliances and medical equipment more expensive in the USA

We’ve heard all of these talking points before but today’s trade will very much be about tariffs with Trump’s self-imposed deadline coming on Saturday.

Separately, Canada’s Trudeau:

• Any Canadian response to tariffs would be purposeful, forceful and immediate
• If we have to act, we wouldn’t relent until tariffs are removed, everything is on the table

This article was written by Adam Button at www.forexlive.com.