Guatemala's business sector responded with concern to President Trump's warning about imposing export tariffs and levies on remittances and transfers.
The announcement made by the president of the United States comes after the Guatemalan Constitutional Court issued a ruling in which it limits its foreign policy functions to the Executive, by granting a provisional injunction that prevents the negotiation or signing of any agreement.
In the NAFTA review carried out by the Central American and U.S. authorities, it is ruled out that the U.S. government will apply trade sanctions in retaliation for the deepening of the migration problem.
After the Trump administration pressured Mexico with the threat of increased tariffs on Mexican imports, the region has generated expectations for the planned review of the NAFTA with Central America.
The Department of Commerce has imposed a fine of $1.75 million on the Panamanian subsidiary of Ericsson for exporting equipment to the Caribbean island, violating trade restrictions.
Ericsson Panama, subsidiary of the multinational of Swedish origin, will be fined $1.75 million by the U.S. Department of Commerce for exporting mobile network equipment to Cuba, violating trade restrictions in Washington.