Mexican president expresses optimism about avoiding tariff war with US

Mexican President Claudia Sheinbaum expressed confidence that a tariff war with the U.S. can be avoided after a phone call with President-elect Donald Trump. She stated, “There will be no potential tariff war,” but details of their agreement 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. Concerns persist among Mexicans about the impact of U.S. tariffs on key products like avocados. Sheinbaum mentioned that Mexico is preparing retaliatory tariffs if Trump proceeds with his plans.