Mexico’s Economy Minister to meet Wilbur Ross over U.S. tariff threat

June 2, 2019

MEXICO CITY (Reuters) – Mexico’s Economy Minister Graciela Marquez said on Sunday she would meet with U.S. Commerce Secretary Wilbur Ross in Washington on Monday, two days before the neighboring countries are due to discuss possible tariffs on Mexican goods.

President Donald Trump has threatened to impose punitive tariffs of 5% on Mexican goods, that would gradually increase to 25%, if Mexico did not stem migration north.

Marquez did not specify what issues she would discuss with Ross ahead of the Wednesday meeting, although Mexican President Andres Manuel Lopez Obrador had been optimistic that they could find a way to avoid the tariffs.

Marquez and Ross met in El Salvador where both attended the inauguration of the Central American country’s new president, Nayib Bukele, in San Salvador.

(Reporting by Sharay Angulo; writing by Stefanie Eschenbacher; Editing by Alexander Smith)

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