The White House’s proposal to raise tariffs would hit states like Michigan and Texas the hardest, along with sectors like trucks and vegetables—over an issue Mexico is already addressing.
Amid tensions over U.S. President Donald Trump's threat to impose escalating tariffs on Mexican imports, Council of the Americas convened experts to discuss potential economic repercussions and dangers for the bilateral relationship.
These tariffs could jeopardize relations with an important U.S. economic partner while hurting American consumers.
"We are going down a path that requires essentially Mexico at a political level to react negatively," said AS/COA vice president about the U.S. - Mexico commercial relations.
The annual event at the State Department focused on disruption in the hemisphere and featured U.S. Vice President Mike Pence, U.S. Senator Marco Rubio, and Salvadoran President-elect Nayib Bukele.
"La poca participación en las elecciones venezolanas ha llevado a la Comisión Internacional a actuar", dijo el jefe del Grupo de Trabajo de Venezuela de AS/COA.
AS/COA's Eric Farnsworth said to Fortune, referring to the USMCA negotiations, that Canada, Mexico, and the U.S. Trade Representative have said "publicly and repeatedly that the negotiated text is closed."
