Mexico’s President Claudia Sheinbaum announced that Mexico will impose tariffs on U.S. goods as a response to new U.S. tariffs. She criticized the U.S. for its characterizations of Mexican drug policies and insisted on the importance of collaboration. China also plans to retaliate against U.S. tariffs, escalating tensions in trade relationships.
Mexico’s President Claudia Sheinbaum announced on Tuesday that the country will impose retaliatory tariffs on U.S. goods in response to the recently enacted 25% tariffs by the United States. Sheinbaum plans to reveal the specific products that will be targeted at a public event this Sunday in Mexico City. Mexico’s approach contrasts with China, which reacted immediately to U.S. tariffs.
Sheinbaum expressed concern about the potential harm these tariffs could inflict on both Mexican citizens and the broader relationship between the nations. She criticized the White House for its recent remarks regarding Mexican drug trafficking, labeling them as “offensive, defamatory and without support,” and cited her government’s actions against drug cartels as evidence of Mexico’s commitment to addressing these issues.
Emphasizing the importance of cooperation, Sheinbaum insisted that the tariffs will not escalate tensions further, saying, “It is inconceivable that they do not think about the damage this is going to cause to United States citizens and businesses… No one wins with this decision.” Meanwhile, China announced its own retaliatory measures against U.S. agricultural imports after the tariff increases imposed by President Trump took effect, showcasing the escalating trade conflict between the nations.
In summary, Mexico’s imposition of retaliatory tariffs on U.S. goods marks a significant development in the ongoing trade tensions initiated by the United States. President Claudia Sheinbaum’s administration is poised to respond strategically, while emphasizing the need for mutual responsibility in tackling issues related to drug trafficking. The international ramifications of these tariffs signal complications for both economies.
Original Source: apnews.com
