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Laredo’s business commented on Trump’s rates – KGNS

Laredo’s business commented on Trump’s rates – KGNS

Laredo, Tex. (KGNS) – With the tariff pause already exists, the import and export of the business have been confronted to prepare for the big change.

Some have even told us that they work further by the end of last week to export and import the last of their products before the tariff came into force.

The US customs broker, Arturo Doming, sighs relief after President Donald Trump froze 25% of the rates for Mexico and Canada, which would come into force on Monday, February 3, a move that he said would affect his business.

Mention: “This affects everyone because we will not receive the shipments we receive and what we build.” In addition to potentially affecting shipping supplies, Doming, believes that these tariffs can have a potential domino effect on our local economy.

Adding, “You have your currency, but what will happen to the Mexican peso? The dollar? Then you have markets. Markets will also respond to this. “

Meanwhile, US Congressman Henry Qualar believes that the president uses tariffs as a tactics to make countries help fight illegal immigration and fentanyl flow.

Noting: “There will be more negotiations and I think it’s good because it seems that we have to make sure we stop drugs and migrants to cross the United States. It is also good for Mexico and I encourage Mexico to work with us much more. “

To date, the United States and Mexico have 30 days to agree to renegotiate tariffs, meanwhile, the President of Mexico, Claudia Shainbaum, said he would send 10,000 troops to the border to prevent drug trafficking as fentanyl.

While conversations between the US, Mexico, Canada and China are constantly evolving, Quelar believes that the pause will allow countries to work together to reach an agreement.

“There will be negotiations during those 30 days and I think it will be good for all three countries to sit down and talk. Keep in mind that the trade agreement “Nafta 2.0 appeared for revision next year. I think the president will try to move it this year and I think that’s good, “Quelar said.

As of tonight, a 10% tariff Trump ordered to China has still come into force, although Trump plans to talk with the President of China in the coming days.

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