Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Mexico says it sees good chance of avoiding 5% tariff, US not so confident

President Donald Trump said he expects to begin hitting Mexico with tariffs next week in a long-running dispute over illegal immigration, while Mexican officials predicted an agreement to avoid the penalties would be reached during upcoming negotiations.

Trump said Tuesday that the parties would try to work something out, but continued to dangle the threat of tariffs to force Mexico’s hand.

“We’re going to see if we can do something. But I think it’s more likely that the tariffs go on,” he said from London, where Trump is on the second day of a state visit . . .

Read Full Story

Related Posts

Puerto Vallarta mass wedding draws over 300 couples

Puerto Vallarta mass wedding draws over 300 couples

More than 300 couples were married in Puerto Vallarta’s mass civil wedding, a public event...
Puerto Vallarta trafficking fight stalls amid corruption

Puerto Vallarta trafficking fight stalls amid corruption

A specialist says corruption and surface-level enforcement are weakening anti-trafficking efforts in Puerto Vallarta and...
Mexican peso exchange rate

Peso weakens past 18 as markets weigh war and rates

The peso slipped past 18 per dollar after Banxico cut rates and global tensions lifted...

Why $100 Oil Still Raises Everyday Costs in Mexico

Mexico produces oil, but households still absorb fuel shocks through freight, food prices, tax subsidies,...