The statements by Trump on imposing tariffs on Chinese cars produced in Mexico are electioneering: Comce

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The imposition of tariffs on exports of Chinese cars to the United States, as stated by Republican candidate Donald Trump, is an electoral speech, since “we go by the road that makes economy,” assured Sergio Contreras Pérez, president of the Mexican Council for Foreign Trade (Comce).

After signing a memorandum of understanding and cooperation with the city development corporation of Pharr, Texas, to promote the attraction of Mexican entrepreneurs who want to invest in this locality that has more than 80 percent of its population bilingual and average income of $60,000, the Mexican entrepreneur stressed that Trump’s political promises and business proposals do not come true.

“Trump is a person who talks a lot and when it’s time to take decisions he doesn’t give himself a shot”, declared.

“If you want to put a 200 percent tariff on cars produced in Mexico, I don’t know if you will make the distinction between American cars and Chinese ones that are produced, they are political stances,” declared Sergio Contreras Pérez.

He recalled that when running for president 8 years ago Donald Trump stated that he did not want to sign a trilateral commercial agreement with Mexico and the United States, which was eventually implemented by the economic integration of the three North American countries.

Today, 40 percent of car exports to the United States are from Mexico, they are quality exports, said the president of Comce.

“When you’re in an electoral process what you do is make statements that at a given moment can attract voters, but that always happens, that’s how politicians are, but we go by the road of entrepreneurs, industrialists, those who make economy,” he expressed.

The also general manager of the Italian tire Pirelli pointed out that Mexican entrepreneurs have already reviewed the possible adjustments to the TMEC agreement in 2026, in the process of “review and not renegotiation, I am not worried”.

Source: Forbes