Mexican President Claudia Sheinbaum stressed that Mexico will not retaliate with an ‘eye for an eye’ strategy regarding upcoming US tariffs. She emphasized the importance of dialogue and cooperation, especially in trade and migration. With more than 80% of Mexican exports going to the US, the potential economic impact of the tariffs is significant for Mexico.
Mexican President Claudia Sheinbaum articulated on Tuesday that Mexico will not adopt an ‘eye for an eye’ strategy in response to the anticipated new US import tariffs. This statement comes as the United States prepares to announce reciprocal tariffs, specifically a 25 percent levy on imported automobiles and car parts. Given Mexico’s role as the United States’ largest trading partner, this development could significantly impact its economy.
Previously, Mexico had indicated a commitment to a “comprehensive response” but emphasized the importance of maintaining dialogue with the United States. Reflecting on this, Sheinbaum asserted, “we do not believe in an eye for an eye, a tooth for a tooth, because that always leads to a bad situation.” She acknowledged that while responses may be triggered by actions taken by the US, maintaining a dialogue is essential.
President Donald Trump is expected to formally announce a set of so-called “reciprocal tariffs” on Wednesday, which he has termed America’s “Liberation Day.” Trump contends that such tariffs are crucial to rectify trade imbalances between countries. Given the extensive trade relationship, Mexico’s economy is seen as particularly susceptible to these measures, especially since over 80 percent of its exports are directed to the US, including approximately three million vehicles annually.
Sheinbaum indicated that her government would assess Trump’s specific announcements on tariffs before deciding on a response. “We are not certain, no country in the world is certain exactly what will be announced on April 2,” she mentioned in her daily press conference.
Regarding migration issues, Sheinbaum expressed a willingness to collaborate with the US, yet she firmly stated that Mexico will not be subordinate to American demands. “The president answers to one authority only, and that is the people of Mexico,” she asserted, reinforcing the independent stance of her administration. This sentiment arises in light of a recent visit from US Homeland Security Chief Kristi Noem, who proposed enhanced border controls in Mexico to manage migration flows from Guatemala, a key transit point for migrants heading to the US.
In summary, Mexico’s administration, under President Claudia Sheinbaum, is committed to maintaining a diplomatic approach in response to anticipated US tariffs, rejecting retaliatory measures. The economic implications of these tariffs pose a significant concern for Mexico, given its close trade ties with the US, particularly in the automotive sector. Furthermore, the administration remains open to cooperative migration strategies while upholding its sovereignty and responding to domestic priorities.
Original Source: www.nbcrightnow.com
