Mexico considers tariffs on US goods in response to Trump's import duty threat

Mexico's President Claudia Sheinbaum has indicated that Mexico may impose tariffs on U.S. goods in response to President-elect Donald Trump's threat of a 25% import duty on Mexican products. Sheinbaum emphasized the need for dialogue and stated that drug issues are primarily a U.S. problem. This marks a shift from the previous administration's approach, where former President Andrés Manuel López Obrador maintained a cooperative relationship with Trump. Sheinbaum, who took office in October, has adopted a more confrontational stance, asserting Mexico's equality in negotiations. Trump's recent threats include tariffs on all products from Canada and Mexico, aimed at addressing illegal immigration and drug trafficking. The potential tariffs could significantly impact prices for American consumers and disrupt supply chains, particularly in the auto industry.