Investing.com -- Mexico’s Economy Minister, Marcelo Ebrard, confirmed on Thursday that intensive discussions are ongoing between the U.S. and Mexico regarding the U.S.’s threat to implement a 25% tariff on all goods from Mexico, its top trading partner, by April 2.

The U.S. has frequently postponed its deadline for the imposition of these tariffs. These tariffs are anticipated to significantly affect both economies, which have become closely interconnected due to free trade agreements over the past 30 years.

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