Mexican president confident about avoiding tariff war with US

Mexican President Claudia Sheinbaum expressed confidence that a tariff war with the United States can be avoided. Her comments followed a phone call with U.S. President-elect Donald Trump, but details of their discussion remain unclear. Trump previously threatened to impose 25% tariffs on imports from Mexico and Canada unless they address illegal immigration and drug trafficking. President Joe Biden urged Trump to reconsider, warning that tariffs could harm relationships with allies. Sheinbaum noted that Mexico is preparing retaliatory tariffs if Trump proceeds with his plans. Concerns are rising among Mexican avocado growers about potential price increases affecting U.S. consumer demand.