President Claudia Sheinbaum says Mexico could retaliate with tariffs of its own, after President-elect Donald Trump threatened to impose 25% tariffs on Mexican goods.

Summary

Mexican President Claudia Sheinbaum suggested imposing retaliatory tariffs if Trump follows through on his threat of 25% import duties on Mexican goods.

Sheinbaum emphasized Mexico’s efforts to curb migration and drug trafficking, framing fentanyl as a U.S. public health issue and criticizing U.S. spending priorities.

She warned tariffs could harm both nations’ economies, especially their intertwined auto industries, and stressed the importance of dialogue.

Trump threatened to impose tariffs on Mexico and Canada, citing concerns about drug and migrant flows, but the US-Mexico-Canada free trade agreement prohibits such actions.

  • TrickDacy@lemmy.world
    332·
    1 month ago

    No, definitely not. The only way to lower prices is to raise them drastically. You see, if you don’t let these supposed “economists” and “third graders who understand addition” tell you otherwise, you can easily see that this is a fucking brilliant plan. That’s why the astute American public bought it. Because they’re so educated.