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MercoPress, en Español

Montevideo, May 15th 2025 - 16:45 UTC

United States

  • Friday, March 7th 2025 - 10:53 UTC

    Argentina to okay IMF loan through a presidential decree

    The IMF said congressional approval was not necessary but would nevertheless speed the Board's nod

    Argentine President Javier Milei plans to issue an Emergency Decree (DNU) to approve the new loan to be agreed upon with the International Monetary Fund (IMF), the Casa Rosada announced Thursday. As mandated by law, each DNU needs congressional approval to not be stricken. The new deal seeks to cancel National Treasury debt to the Central Bank, reducing total public debt and strengthening the Central Bank's balance sheet and subsequently lifting the so-called exchange stocks.

  • Friday, March 7th 2025 - 10:50 UTC

    Maduro says Chevron's departure will not hit Venezuela's oil production

    “We will go forward, we will recover, we will grow, we will produce, and they will not touch the lives of the Venezuelan people,” Maduro claimed

    Venezuelan President Nicolás Maduro insisted Thursday that his country’s oil production would drop “not even a liter” despite the U.S. ending Chevron’s license to export crude. Speaking on his weekly TV show, he pledged output would grow under his “Absolute Productive Independence” plan, despite US President Donald Trump's sanctions.

  • Friday, March 7th 2025 - 10:48 UTC

    Trump extends tariffs pause to Canada

    ”It’s an important step, but we’re not at the end of the road,” Canadian Finance Minister Dominic LeBlanc said

    US President Donald Trump extended to Canada a waiver on the 25% tariffs he had given Mexico earlier Thursday until April 2, 2025. The Republican leader signed an executive order exempting goods compliant with the USMCA trade agreement and reducing the tariff on Canadian potash - which is used in fertilizer - to 10%. This follows his imposition of the tariffs, citing concerns over fentanyl trafficking and irregular migration.

  • Thursday, March 6th 2025 - 21:14 UTC

    Trump postpones tariffs on Mexican items at least until April 2

    Trump's good rapport with Sheinbaum was the reason for this reversal, the Republican leader explained

    US President Donald Trump announced a temporary exemption from new 25% tariffs for goods from Mexico covered under the 2020 United States-Mexico-Canada Agreement (USMCA). The Republican leader adopted the measure following a telephone conversation with Mexican President Claudia Sheinbaum. The exemption, effective until at least April 2, reverses tariffs imposed earlier this week, aimed at addressing fentanyl trafficking and trade imbalances.

  • Thursday, March 6th 2025 - 10:44 UTC

    Trump gives Hamas last warning before “hell”

    Leave Gaza while you still have a chance, Trump told Hamas

    US President Donald Trump on Wednesday sent an ultimatum to the terrorist organization Hamas to release all hostages or face hell. “'Shalom Hamas' means hello and goodbye. You have a choice,” he stressed, meaning he was done talking. The Republican leader also stressed he was sending Israel “everything it needs to finish the job” in Gaza

  • Wednesday, March 5th 2025 - 10:38 UTC

    Trump's tariffs become effective, but new compromise expected

    Trump is expected to announce a compromise with Canada and Mexico as early as Wednesday, Commerce Secretary Howard Lutnick admitted

    The United States implemented tariffs on imports from Mexico, Canada, and China, triggering responses from these nations and causing a market meltdown. The tariffs include a 25% levy on imports from Mexico and Canada and an increase from 10% to 20% on goods from China. The move seeking to address fentanyl trafficking and border security has failed to meet expectations.

  • Tuesday, March 4th 2025 - 20:45 UTC

    Preliminary deal reached for sale of Hong Kong company's stake in Panama Canal operations

    CK Hutchison has been operating the Port of Balboa for more than two decades

    Given US President Donald Trump's pressure, CK Hutchison Holdings, a Hong Kong-based conglomerate, agreed to sell control of a unit operating ports near the Panama Canal, it was announced Tuesday. The sale includes an 80% stake in the Hutchison Ports group and a 90% interest in Panama Ports Company, which operates the ports of Balboa and Cristobal. The consortium acquiring these stakes includes BlackRock Inc., Global Infrastructure Partners, and Terminal Investment Ltd.

  • Tuesday, March 4th 2025 - 10:55 UTC

    Trump says he would look into signing FTA with Argentina

    Milei resurrected Argentina from oblivion, Trump argued

    Just hoours after US Special Envoy for Latin America Mauricio Claver-Carone said his country was not interested ina Free Trade (FTA) with Argentina and that President Javier Milei should pick his advisors better, US President Donald Trump said the Libertarian was “a great leader” and admitted he could “look into” a commerce arrangement.

  • Tuesday, March 4th 2025 - 09:29 UTC

    Canada will retaliate if Trump moves on with tariffs

    Joly said Trump was causing “unpredictability and chaos”

    Canada's Foreign Minister Mélanie Joly announced Monday that her country was ready for if or when US President Donald Trump decides to move on with the 25% tariffs currently on pause following a telephone understanding with acting Prime Minister Justin Trudeau.

  • Monday, March 3rd 2025 - 14:46 UTC

    US not interested in FTA with Argentina, Latin American Envoy says

    People close to Trump lost money in the $LIBRA swindle; hence, Milei should better forget about any help from the White House, Claver-Carone hinted

    Former Inter American Development Bank (IDB) President Mauricio Claver-Carone, now Us State Department envoy for Latin American Affairs, said during the weekend that President Donald Trump's administration was not after any new Free Trade Agreement (FTA), which might be disappointing to Argentina's Javier Milei who announced he was willing to leave Mercosur to achieve just that.