Mexico City, May 26 : Mexico's Economy Minister Ildefonso Guajardo has dismissed as "bombast" the latest US proposal to impose tariffs on imports of foreign vehicles and auto parts.

Appearing on a television news show on Friday, the minister, who heads Mexico's negotiating team in talks with the US and Canada to renegotiate the 1994 North American Free Trade Agreement (NAFTA), rejected the idea of introducing a new, higher tax on vehicles imported into the US, Xinhua reported.

"What one has to understand is that our strategy and negotiating process cannot change because of this bombast that they launched over there," said Guajardo. 

US President Donald Trump said on Wednesday that he has instructed Secretary of Commerce Wilbur Ross to consider initiating a national security investigation into automobile imports.

Ross has initiated a so-called Section 232 investigation into the national security implications of automobile imports, according to the US Commerce Department.

Guajardo ridiculed the idea, joking that "over there, on the comedy shows, they say that having a Mercedes in Manhattan is a national security risk."

The US proposal was widely seen as an attempt to pressure Mexico into agreeing to other US demands, such as changes to the rules of origin for automobiles, but the tactic failed to sway Mexico.

"The more noise this bombast makes, the more we should concentrate and commit to a solid, well thought out strategy," Guajardo added.

He estimated there is a 40 per cent chance NAFTA's partners will be able to negotiate a new deal before Mexico holds presidential elections on July 1.

The trade deal has been under negotiation since August on the insistence of Trump, who believes the terms benefit Mexico and Canada at his country's expense.

According to Mexico, NAFTA has benefited the North American automobile industry as a whole, today the world's third-largest, after the European Union and China.

Each US-made automobile contains $3,800-worth of Mexican parts, while each Mexican-made vehicle contains $5,500-worth of US parts, Mexican government figures show.

The NAFTA region manufactures 18 million vehicles a year, with 12.5 million produced in the US.

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Madrid (AP): Barcelona forward Raphinha has apologized for his gesture toward Atletico Madrid fans after his team's elimination in the quarterfinals of the Champions League.

Raphinha, who didn't play on Tuesday because of a hamstring injury, also criticized the refereeing, making the “robbed” sign with his hands, and later told reporters that Barcelona was “robbed" over the two legs.

The Brazil star is likely to face punishment from UEFA for his actions at the Metropolitano stadium.

While still on the field, he gestured toward Atletico supporters and made a gesture apparently indicating that the rival will be eliminated in the next round. He appeared to tell fans “you are out."

“I apologize for my gesture, which does not reflect my values ??or character,” Raphinha said on Wednesday in a comment to a DAZN post that showed him gesturing to the crowd. "It was an act in a moment of tension, in response to a fan who was disrespecting me.”

Barcelona, seeking to return to the semifinals of the Champions League for the second season in a row, won 2-1 on Tuesday but it wasn't enough to overcome a 2-0 loss at home in the first leg last week.

Atletico goalkeeper Juan Musso said it was nonsense for Raphinha to say Barcelona was robbed.

“I respect everyone's opinion, but let's not say that it was a robbery, because it wasn't like that,” Musso said. "We won it on the field. We won 2-0 on the road. It's a team that we respect a lot and are very motivated to play against. It's a great team, but I think that to talk about robbery is just crazy.”

Raphinha did not immediately apologize for his comments about the refereeing.

“To me, it was robbed',” he told reporters on Tuesday. “Not only this match, but the other one as well. The refereeing was very bad. Incredible the decisions that they made. Atletico made a lot of fouls and the referee didn't show a single yellow card.”

Other players also criticized the refereeing over the two legs.

President-elect Joan Laporta said Wednesday that the refereeing was “shameful” and “inadmissible,” and said the club planned to present a formal complaint with UEFA.