Mexico Secures Monday Talk in Washington on U.S. Tariff Threat

MEXICO CITY (AP) -
Flag of Mexico in front of a large U.S. flag in front of the New York Stock Exchange. (Reuters/Lucas Jackson/File Photo)

Mexican Economy Minister Graciela Marquez plans to meet in Washington on Monday with U.S. Commerce Secretary Wilbur Ross in an effort to defuse rising trade tensions.

Marquez says via Twitter Sunday that she scheduled the meeting with Ross while both attended the Saturday inauguration of El Salvador President Nayib Bukele, accompanying the message with a picture of her smiling next to Ross.

President Donald Trump has threatened to slap a 5% tariff on all Mexican goods starting June 10 if the country fails to stem the flow of migrants and drugs into the U.S., and gradually raise that tariff to 25% if he remains dissatisfied with the results.

Mexican trade and foreign relations officials have meetings scheduled as well for Wednesday in Washington.