Trump’s announcement for a 5% tariff on goods from Mexico is
Mexico won’t retaliate against President Donald Trump’s tariffs until the threat seems more serious, Mexican trade official Guillermo Malpica Soto told CNBC on Friday.
Trump’s announcement late Thursday of a 5% tariff on goods from Mexico is “so far only an announcement,” said Malpica, head of the Trade & NAFTA Office. “We have to wait and see what the complete notification procedure from the U. S. to Mexico [is], and then assess how that would impact our commitments with the U. S.”
Trump said late Thursday the tariffs on Mexico would be implemented beginning June 10.
