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LatinNews Daily - 04 June 2018

In brief: Mexico

* Moisés Kalach, the director of the international negotiations strategic consultative council of Mexico’s business coordination council (CCE), has said that Mexico will respond with “force and forcefulness” against any attempts by the US to pressure it in the renegotiation of the terms of the North American Free Trade Agreement. The CCE, a local private sector lobby that groups business leaders, is advising the Mexican government in the Nafta renegotiations. Kalach’s comments come after the US government announced that it was extending its recently introduced tariffs on steel and aluminium imports to imports of these metals from Mexico, Canada, and the European Union. The move has been seen as an attempt by the US government to pressure Nafta partners Mexico and Canada into offering more concessions in the Nafta talks. However, Kalach has said that Mexico’s private sector and the federal government have agreed that they will not “change our position in the renegotiations, that we will not falter, and we will respond to any commercial aggressions by the Donald Trump government”. The remarks come amid reports that the US government has also proposed imposing tariffs on automobile sector imports from Mexico as a way to rebalance intra-Nafta trade.   

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