Mexico will retaliate against U.S. tariffs by imposing its own, as President Claudia Sheinbaum aims to maintain a measured response in the ongoing trade war. Specific products targeted will be disclosed soon, while Sheinbaum criticizes U.S. claims regarding drug trafficking. The situation follows China’s retaliatory measures against U.S. tariffs.
Mexico’s President Claudia Sheinbaum announced on Tuesday the country’s decision to impose retaliatory tariffs against U.S. goods in response to the recently enacted 25% tariffs on Mexican imports by the United States. She declared that specific products targeted by these tariffs will be revealed during a public event in Mexico City scheduled for Sunday. This move indicates a desire for a controlled response to the escalating trade tensions, contrasting with China’s immediate retaliation to similar U.S. tariffs.
In summary, Mexico’s planned tariff response reflects an intent to address trade tensions without escalating the conflict further. President Sheinbaum emphasizes collaboration to combat issues like drug trafficking while simultaneously criticizing the unjust implications of the U.S. tariffs. Overall, Mexico aims to mitigate economic damage for both nations through this measured approach.
Original Source: apnews.com