Mexico warns of a cost of 20,475 million dollars for the United States for Donald Trump tariffs

The government of Mexico He warned on Friday of an estimated cost of 20,475 million dollars for about 89 million families in USA for the price increase, if the 25 % tariffs announced by the US President, Donald Trumpto Mexican products.

The Secretary of Economy, Marcelo Ebrard presented at the morning conference of the National Palace a report that alerts increases for US consumers in cars and automopards, computers, televisions, and refrigerators that are purchased from Mexico main commercial partner of USA.

“This is what we estimate the impact from one day to the other, so that we have a perception of why it is a Strategic error A 25 %rate (tariff). It should be clear. The main impact (will) millions of families in USA will have to pay 25 % more ”, pointed out.

Ebrard said that US companies and consumers would be affected by Trump’s measures, who reiterated on Thursday that will apply 25 % tariffs on February 1 to Mexico and Canada For the commercial deficit, the traffic of fentanyl and irregular migration, although it suspended the details.

The study of the Ministry of Economy indicates that Mexico “It is the main supplier of cars and auto parts in the United States,” So the application of tariffs would affect 12 million American families who would pay an additional amount of 10,427 million dollars, “causing strong inflationary pressures. ”

Secondly, indicates that Mexico It is the fifth computer supplier of USAso the commercial tax would impact 40 million families for an amount of 7,104 million dollars.

In addition, it reports that Mexico is the second world exporter of screens, and the main supplier in USAso 32 million families would have to pay additional 2,397 million dollars.

Finally, he reports that one in three refrigerators acquired in USA comes from Mexicoso 5 million American families could have an additional disbursement of up to 817 million dollars.

On agricultural products, the Secretary of Economy commented that “If this rate was imposed, its consumers will face higher prices, and this for everyone, (in) supermarkets, (y) Everything that is fruits, vegetables, meat and beer. ”

“This impact is going to become greater in border states and cities with high consumption of Mexican products, such as California, Texas, Florida y Arizona”Ebrard said.

Tariffs concern Mexico for being the biggest commercial partner of USAwith a value of exports to that country of 490,183 million dollars in 2023, almost 30 % of the gross domestic product (Commence) Mexican, according to a report of the Mexican Institute of Competitiveness (Imco).