

The Mexican government continues to believe that the imposition of 25% tariffs, reiterated by Donald Trump on Friday, January 31, will not be applied to all its exports to the United States, particularly its oil. At the president's daily press conference, Claudia Sheinbaum and Economy Secretary Marcelo Ebrard sought to demonstrate the effects of this measure on US households, particularly in the border states of California, Texas, Florida and Arizona, where Mexico is the leading exporter of automobiles, computers, TVs and refrigerators.
"The first impact of tariffs will be a 25 % increase in the price of consumer products. You have to understand, for example, that one out of every three refrigerators sold in the US is made in Mexico," explained Ebrard in front of a PowerPoint projected to journalists. He cited, in no particular order, an increase in the price of computers, cars and televisions, as well as fruits, vegetables and beverages exported by Mexico. "In the case of automobiles, the implementation of these tariffs would affect 12 million American families; in the case of computers, 40 million families would be affected, with an impact of over $7 billion [€6.8 billion]; for televisions, 32 million families in the US would have to pay over $2 billion more."
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