Under the deal, Mexico will eliminate tariffs of up to 100% on EU exports such as cheese, poultry, and pasta among others.
The European Union and Mexico revived a stalled free trade agreement on Friday, days before the return to the White House of Donald Trump, who has threatened both sides with tariffs.
The agreement, which still needs to be approved by governments on both sides, would see Mexico scrap the high tariffs it imposes on EU goods such as cheese and wine. The deal seeks to grow European exports in key areas such as financial services and e ...
In contrast, trade between Mexico and the European Union reached $84 billion in the same year, according to the EU. Gabriela Siller, director of economic analysis of the Mexican financial group Banco Base, hailed the updated agreement with the E.U. as a ...
The European Union has bolstered its trading agreement with Mexico, particularly for food and drink exports, as the bloc prepares for President Trump’s ‘golden era’.
The EU has concluded negotiations with Mexico on an updated trade agreement, the European Commission announced in a press release on Friday. Mexico is the EU's second largest trading partner in Latin America after Brazil.
The European Union and Mexico link arms to fend off the impact of tariffs threatened by incoming U.S. President Donald Trump.
The Trump administration is discussing a 10% punitive duty on Chinese imports. Trump said the EU also has troubling trade surpluses with the United States.
President Donald Trump has once again threatened the EU with duties, and European leaders are vowing to respond in kind.
Trump, who returns to the White House Monday, has made sweeping threats of tariffs against US trading partners – including the EU, Canada, Mexico and China
The European Union and Mexico have agreed to a revamped free-trade agreement days before Trump begins a second term
In contrast, trade between Mexico and the European Union reached $84 billion in the same year, according to the EU. Gabriela Siller, director of economic analysis of the local financial group ...