The decision marks a withdrawal from the 2019 agreement to suspend anti-dumping investigation on fresh tomatoes. Mexico supplies nearly 70% of tomatoes in the US.
The EU & Mexico, both among the largest US trading partners responded by calling the tariffs unfair & disruptive while pledging to continue to negotiate with the US.
The brazen killing of Valeria Marquez sent shockwaves through a country facing high levels of violence against women. President Sheinbaum said Mexico's security cabinet is working to solve the case.
Mexico handed over Rafael Quintero, implicated in killing DEA agent Enrique Camarena, as well as Jose Angel Canobbio, who is from a faction of Sinaloa Cartel, led by El Chapo's sons.
While the deal eases the pressure for now on Mexico, prospects for Canada and China appeared dim, as Trump and his team kept up their criticism of their northern neighbour in particular.
Setting the stage for a trade war with Canada, Mexico & China, Trump has announced 25 percent tariffs on goods from the 2 North American countries & 10 percent tariffs on Chinese exports.
Mexico has been preparing possible retaliatory tariffs on imports from the US, ranging from 5% to 20%, on pork, cheese, fresh produce, manufactured steel and aluminum.
Trump made the announcement while signing executive orders in Oval Office, hours after his inauguration. He has repeatedly threatened tariffs on US’ neighbours, China & even EU allies.
The incoming Trump-Vance administration will crackdown on illegal immigrants in US, deporting them even to places other than their home country if the latter rejects them.
Meghnad’s interest went much beyond economics and politics. This is reflected in his writing, particularly after his retirement as a full-time LSE professor in 2003.
In the latest budget, the FDI limit was increased to 100 percent, but most foreign companies are not buying such large stakes in the Indian insurance sector.
As Narendra Modi becomes India’s second-longest consecutively serving Prime Minister, we look at how he compares with Indira Gandhi across four key dimensions.
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