Mexico considers tariffs in response to Trump's trade threats

Mexico's President Claudia Sheinbaum has indicated that the country may respond to U.S. President-elect Donald Trump's threat of a 25% tariff on Mexican goods with its own tariffs. Sheinbaum emphasized that drug issues are primarily a U.S. problem and expressed willingness to negotiate. Sheinbaum's stance marks a shift from the previous administration's cooperative approach. She criticized U.S. spending on weapons and suggested that funds should be redirected to address migration causes. She stated that escalating tariffs could harm businesses on both sides of the border. Trump's recent threats include imposing tariffs on imports from Mexico and Canada as part of his first executive orders. He claims these measures are necessary to combat illegal immigration and drug trafficking. The potential tariffs could significantly increase prices for American consumers.