Mexican Deputy Foreign Minister Seade
- Says if President Trump's threat to impose tariffs is carried out it would be disastrous
- Says if tariffs are imposed we would respond "strongly"
- Says we will not remain with our "arms folded" before tariff deadline to see if threat is serious
- Says Trump tweets a lot, only some are put into action
Story so far:
- Trump says the US to impose 5% tariff on all goods from Mexico
- Trump intensifies his global trade war, yen crosses on the slide
- The 5 % tariff US President Trump just slapped on Mexico - here's how it will rise to 25% by October
Forexlive gave a heads up on the hike in tariffs coming from Trump a couple of hours ago - forewarned is forearmed ladies and gentlemen:
