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Mexico warns Trump on tariffs: We'll respond 'immediately'
 [Clinton News Network] Mexico's economy minister sent Donald Trump a fighting message: We will retaliate right away if you hit us with a "major border tax.""It's very clear that we have to be prepared to immediately be able to neutralize the impact of a measure of that nature," economy minister Ildefonso Guajardo said Friday on a Mexican news show. Guajardo also predicted that Trump's threat of a 35% tariff against Mexico, if carried out, would result in a "global recession" because it would inhibit companies from producing outside the U.S. "It would be a problem for the entire world," Guajardo warned. A Trump tariff "will have a wave of impacts that can take us into a global recession," Guajardo said, speaking in Spanish. In recent weeks, Trump has zeroed in on companies manufacturing in Mexico and selling products in the United States, threatening them with a "major border tax" of 35%. Posted by: Besoeker 2017-01-15 |
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