Mexico president vows to retaliate with own tariffs against Trump's tax threat

Claudia Sheinbaum rebukes Trump and says his plan would do nothing to stem flow of migrants or drugs bound for US

Oscar Lopez in Mexico City
Tue 26 Nov 2024 13.20 EST

Mexico’s president Claudia Sheinbaum has rebuked Donald Trump’s threat to impose steep tariffs on Mexico, arguing the plan would do nothing to halt the flow of migrants or drugs bound for the US border, and vowing that Mexico would hit back with tariffs of its own.

“One tariff would be followed by another in response, and so on until we put at risk common businesses,” Sheinbaum said, warning that tariffs would cause inflation and job losses in both countries. “What sense is there?”

Sheinbaum’s comments came after Trump said on Monday that, as one of his first actions as president, he would impose a 25% tax on all imports from Mexico and Canada in an effort to stop the flow of migrants and narcotics into the United States.

“This Tariff will remain in effect until such time as Drugs, in particular Fentanyl, and all Illegal Aliens stop this Invasion of our Country!” Trump wrote on his Truth Social page.

More:
https://www.theguardian.com/world/2024/nov/26/mexico-trump-tariffs