MEXICO CITY (AP) — President Claudia Sheinbaum suggested Tuesday that Mexico could retaliate with tariffs of its own, after U.S. President-elect Donald Trump threatened to impose 25% import d…
FILE – Newly-sworn in President Claudia Sheinbaum addresses supporters in the Zócalo, Mexico City’s main square, on Oct. 1, 2024. MEXICO CITY — President Claudia Sheinbaum suggested Tuesday that Mexico could retaliate with tariffs of its own, after U.S. President-elect Donald Trump threatened to impose 25% import duties on Mexican goods if the country doesn’t stop the flow of drugs and migrants across the border.
Sheinbaum’s bristly response suggests that Trump faces a much different Mexican president than he did in his first term. But Gabriela Siller, director of economic analysis of the financial group Banco Base, fears the personality clash could escalate things into brinkmanship; Trump clearly hates to lose.
“Dialogue is the best path to achieve understanding, peace and prosperity for our two countries,” Sheinbaum said. “I hope our teams can meet soon.”
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