Mexico considers retaliatory tariffs in response to Trump's trade threats

Mexican President Claudia Sheinbaum has indicated that Mexico may impose its own tariffs in response to U.S. President-elect Donald Trump's threat of 25% tariffs on Mexican goods. She emphasized the need for dialogue but stated that drug issues are primarily a U.S. problem. Sheinbaum noted that Mexico has made efforts to reduce migrant flows and combat drug trafficking, asserting that these issues are linked to U.S. consumption and spending on weapons. She criticized the potential for escalating tariffs, which could harm businesses on both sides of the border. This response marks a shift from the previous administration's cooperative approach. Unlike former President Andrés Manuel López Obrador, Sheinbaum appears less inclined to accommodate Trump’s demands, raising concerns about the economic impact of potential tariffs.