Secretary of Economy in Mexico, Graciela Márquez Colín, affirmed today in Toronto (Canada) that her Government is ready to take on new commercial reprisals against the United States, were Washington to maintains tariffs on steel and aluminum imports.
Marquez’s statements came after his meeting in Toronto with Canadian Foreign Minister Chrystia Freeland today to discuss the adoption of a common trade strategy with the United States.
After the meeting, Freeland and Márquez asked the United States to lift the tariffs imposed on Canadian and Mexican metallurgical exports in 2018.
In a press conference together with Márquez, Freeland stressed that the existence of the new free trade agreement between Canada, Mexico and the United States and the steps taken by the three countries for ratification, make “the lifting of tariffs” more essential.
On her account, the Mexican secretary said that Mexico has finalized the list of US products to which the Government of Andrés Manuel López Obrador will impose tariffs in retaliation for steel and aluminum tariffs.
“We are in the process of preparing new retaliatory tariffs but we are not in a position to reveal the new elements,” said Márquez, adding that Mexico has already determined the list of affected products.
Later, in statements to Canadian public broadcaster CBC, Márquez said it was the “right time to refresh” the list of products affected by retaliatory tariffs after the first round that the Mexican government imposed last year.
Márquez added that the new list “will keep some of the products that are already there” and “for economic and political reasons, will add others.”
The meeting between Freeland and Marquez came hours before Freeland traveled to Washington on Wednesday to meet with US chief trade negotiator Robert Lighthizer and other US politicians.
Also today, Canadian Prime Minister Justin Trudeau spoke on the phone with US Vice President Mike Pence.
The Office of the Prime Minister of Canada, Trudeau and Pence, said in a statement “about the issue of US steel and aluminum tariffs.”
Trudeau, the statement added, “stressed the importance of its elimination.” They also exchanged views on the ratification of the new North American free trade agreement.