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Mexico suggests it would impose its own tariffs to retaliate against any Trump tariffs

  • President Claudia Sheinbaum indicated that Mexico might impose its own tariffs in response to proposed U.S. Tariffs from President-elect Donald Trump.
  • She noted that Mexico has reduced migrant caravans and addressed drug issues, stating, "caravans of migrants no longer reach the border."
  • She claimed Trump’s tariffs would lead to inflation and job losses in both countries, labeling the situation as unacceptable.
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The U.S. would give "a shot in the foot" with the generalized tariff of 25% to Mexican imports announced by President-elect Donald Trump, the Mexican government warned on Wednesday. "The impact on the companies is enormous. (...) Around 400,000 jobs would be lost" in the U.S., said Economy Secretary Marcelo Ebrard, based on a calculation of his firm based on figures of automotive companies in that country operating in Mexico. The forecast is one…

·Washington, United States
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  • 45% of the sources are Center
45% Center
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Forbes broke the news in United States on Tuesday, November 26, 2024.
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