AFP, Mexico City :
Mexico will walk away from talks on revamping the North American Free Trade Agreement if US President Donald Trump slaps tariffs on Mexican-made goods, the economy minister says.
“The moment that they say, ‘We’re going to put a 20 percent tariff on cars,’ I get up from the table,” said Economy Minister Ildefonso Guajardo.
“Bye-bye,” he added in an interview with Bloomberg News published Monday.
The comments ratchet up Mexico’s threats to boycott a renegotiation of its 1994 trade deal with the United States and Canada if Trump insists on hardline changes.
Trump has repeatedly trashed NAFTA as part of a tough stance on trade that has included threats to slap tariffs on imports from Mexico.
Mexico will walk away from talks on revamping the North American Free Trade Agreement if US President Donald Trump slaps tariffs on Mexican-made goods, the economy minister says.
“The moment that they say, ‘We’re going to put a 20 percent tariff on cars,’ I get up from the table,” said Economy Minister Ildefonso Guajardo.
“Bye-bye,” he added in an interview with Bloomberg News published Monday.
The comments ratchet up Mexico’s threats to boycott a renegotiation of its 1994 trade deal with the United States and Canada if Trump insists on hardline changes.
Trump has repeatedly trashed NAFTA as part of a tough stance on trade that has included threats to slap tariffs on imports from Mexico.
