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.

  • driving_crooner@lemmy.eco.br
    3·
    1 month ago

    I’m not an expert on international commerce, but I don’t think it make sense to have a multinational trade aggrentment where every country have different deals with each other

    • HellsBelle@sh.itjust.worksEnglish
      3·
      1 month ago

      True.

      The same could be said of a multi-national agreement that gets revisited every six years at the whim of one leader.