The president of the United States, Donald Trump, confirmed that starting March 4, a 25% tariff on Mexican imports will come into effect as part of previously announced trade measures. On a day filled with announcements, Trump reiterated that there would be no extension of the tariff pause, contradicting the expectations of the Mexican government.
Regarding potential exceptions and the list of products affected by this tariff measure, Trump did not provide clear details. These tariffs add to others already announced, such as those related to steel and aluminum. It was also announced that the Taiwanese company TSMC will move its semiconductor plants to the United States.
In a firm tone, Trump dismissed the possibility of engaging in dialogue with the head of government of Mexico City, Claudia Sheinbaum, stating that "there is no room for negotiation." In light of this situation, Sheinbaum, who had previously expressed her interest in communicating with the U.S. president, called for "serenity and patience" while the deadline to analyze the implementation of the tariffs approached.
Despite previous negotiations between the security and economy teams of Mexico and the United States, as well as the extradition of Mexican drug lords to the U.S., Trump announced the imposition of tariffs. The Mexican Ministry of Economy, under the direction of Marcelo Ebrard, chose not to make any statements and will wait until the deadline for a pronouncement.
Meanwhile, the financial market remains calm and the exchange rate of the peso against the dollar remains around 20.6, showing an expectation that the tariffs will not be officially implemented. Lastly, Trump also announced the imposition of tariffs on external agricultural products starting April 2, without specifying the affected countries.
