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July 25, 2024
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The US will hurt its own citizens if it imposes more tariffs on Mexico

Nestor Jimenez

The newspaper La Jornada
Thursday, July 25, 2024, p. 4

The virtual president-elect, Claudia Sheinbaum Pardo, said that she sees very difficult The United States should impose tariffs on automotive imports from Mexico, as this would represent an increase in the cost of vehicles for the neighboring country. Regardless of who wins the elections in that territory, he considered that the good commercial relationship between the three North American countries will continue.

Referring to the attempts made by former US President Donald Trump during his campaign to return to the White House, he stressed that the Republican has spoken out in favor of reviewing the United States-Mexico-Canada Trade Agreement (T-MEC), but not in favor of a renegotiation.

He also called for an analysis of the reasons why the Tesla company announced the suspension of its investments and works, at least until the US elections are over, to see if there is no other particular reasons of that company. He also ruled out a review of the value added tax (VAT).

In a press conference held at her transition house, Sheinbaum Pardo declared that We have to look at the issue of Tesla in Mexico, right? Because, in reality, since the announcement was made until now, there has not been much progress. So, we really have to look at the reasons: the election and what Trump mentioned in his candidacy for the presidency or it could be other particular circumstances of Tesla.This, after Elon Musk’s company suspended, for the moment, the construction of the gigafactory planned in Santa Catarina, Nuevo León.

What is a fact, the virtual president-elect stressed, is that once the electoral process is concluded, whether with the victory of Trump or Kamala Harris, trade relations with Mexico and Canada will continue because They favor the three nations and I also agree that we should even look at the relationship of the entire region and what the economic strength of all of America as a continent and the Caribbean means, compared to other poles in the world..

For this reason, he stressed: I find it very difficult that they will impose tariffs and we must always put the truth, the reality, of what is happening before any political issue..

Meanwhile, in response to Trump’s warnings that organized crime could remove a president in Mexico in a couple of minutes, Sheinbaum emphatically expressed her disagreement and referred to the recent results of the National Survey of Urban Public Security of Inegi, which she had presented shortly before.

Statistics indicate that during June of this year, 51.5 percent of the population aged 18 and over in Mexico City considered that living in their city is unsafe. This represents a reduction of 31.4 percentage points compared to December 2018. Similarly, at the national level, there is a reduction, going from 76.8 percent in March 2018 to 59.4 percent last June.

Meanwhile, when asked about the increase in the wealth of the five wealthiest men in the country, an increase that averages 226.6 percent in the current six-year term, Sheinbaum stressed that along with this, there has also been a decrease in inequalities.

Regarding the proposals in Brazil to create a 2 percent tax on multimillionaires around the world, he recalled that he has not proposed a tax reform in Mexico for the next administration. Regarding a possible review of VAT, he made it clear that For now we are not considering it..

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