Feb 20 β€’ 22:54 UTC πŸ‡²πŸ‡½ Mexico El Financiero (ES)

Ebrard calls for 'cold blood' in the face of Trump's new 10% tariff threat

Mexican Economy Secretary Marcelo Ebrard urged caution and level-headedness regarding new tariff announcements from the U.S., confirming his upcoming visit to Washington to clarify the measures and protect Mexico's interests.

Marcelo Ebrard, the Mexican Secretary of Economy, emphasized the importance of maintaining 'prudence' and 'cold blood' in light of recent announcements about tariff increases from U.S. President Donald Trump. During a press conference, he underscored the need for a measured response to the situation, especially given the recent Supreme Court ruling that eliminated certain emergency tariffs. Ebrard's comments reflected a desire for strategic calculation rather than hasty reactions.

The imminent imposition of a 10% tariff was announced by Trump shortly after the Supreme Court's decision to revoke existing tariffs, which raises questions about the economic implications for Mexico. Ebrard indicated that he would be traveling to Washington next week to gain a clearer understanding of these developments and to advocate for Mexico’s interests. His goal is to mitigate potential negative impacts on trade between Mexico and the U.S., which is crucial for the Mexican economy.

Ebrard's approach highlights the complexities of international trade relations and the need for Mexican officials to navigate these challenges carefully. By focusing on dialogue and communication with U.S. counterparts, Ebrard aims to create a constructive path forward in responding to economic pressures. This situation could have significant repercussions for both countries, especially in the context of their trading relationship, and Ebrard’s responses will be critical in managing these dynamics.

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