AP: Mexico suggests it would impose its own tariffs to retaliate against any Trump tariffs
Mexico suggests it would impose its own tariffs to retaliate against any Trump tariffs
https://apnews.com/article/mexico-tariffs-trump-retaliate-sheinbaum-fac0b0c6ee8c425a928418de7332b74a
Updated 6:36 PM CST, November 26, 2024
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 duties on Mexican goods if the country doesnt stop the flow of drugs and migrants across the border.
Sheinbaum said she was willing to engage in talks on the issues, but said drugs were a U.S. problem.
One tariff would be followed by another in response, and so on until we put at risk common businesses, Sheinbaum said, referring to U.S. automakers that have plants on both sides of the border.
She said Tuesday that Mexico had done a lot to stem the flow of migrants, noting caravans of migrants no longer reach the border. However, Mexicos efforts to fight drugs like the deadly synthetic opioid fentanyl which is manufactured by Mexican cartels using chemicals imported from China have weakened in the last year.
Sheinbaum said Mexico suffered from an influx of weapons smuggled in from the United States, and said the flow of drugs is a problem of public health and consumption in your countrys society.
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riversedge
(73,196 posts)Trump is dealing with a strong, educated woman--much to his dismay, I am sure!!
.........Sheinbaum also criticized U.S. spending on weapons, saying the money should instead be spent regionally to address the problem of migration. If a percentage of what the United States spends on war were dedicated to peace and development, that would address the underlying causes of migration, she said.
Sheinbaums bristly response suggests that Trump faces a much different Mexican president than he did in his first term.
Back in late 2018, former President Andrés Manuel López Obrador was a charismatic, old-school politician who developed a chummy relationship with Trump. The two were eventually able to strike a bargain in which Mexico helped keep migrants away from the border and received other countries deported migrants and Trump backed down on the threats.......
https://apnews.com/article/mexico-tariffs-trump-retaliate-sheinbaum-fac0b0c6ee8c425a928418de7332b74a
elleng
(136,386 posts)MissMillie
(38,980 posts)It will be the farmers who take a hit, just like they did last time.