Trump and Mexico Pres. Sheinbaum scheduled to talk this morning

Current Trump and Mexican Pres. Sheinbaum are scheduled to talk this morning. Mexico is about current it tariff proposal sooner or later forward of the August 1 deadline.

The place Mexico stands now:

• USMCA‑compliant merchandise → zero% tariffs

• Non‑originating imports → 25% common tariff

• Metal → 25%, Aluminum → 10%

• Autos & auto components non‑originating → 25%

• Proposed enlargement to 30% beginning August 1 (pending authorized implementation)

if a deal is finished, there’ll most likely should be some type of funding within the US, provisions about fentanyl. Trump desires autos made within the US. How that’s particularly handled I do not know.

This text was written by Emma Wang at investinglive.com.