Mexico-US fiscal battle looms.
While the US President Trump spoke to the US Congress the Minister of Foreign Mexican Videgaray referring to the Mexican Senate the strategies that the Government intends to hold with regard to future moves, especially in economic matters, the American administration. Videgary has guaranteed that if the US should take disadvantageous tax measures for Mexico this latter would respond in a proportionate and appropriate way, the Minister did not specify what would be the government’s moves in response to the United States because it is necessary to wait until the moment that the US make the first move. Regarding the possible renegotiation of NAFTA Videgary was clear in affirming that Mexico will renegotiate the agreement if the changes proposed do not go against the interests of the country.