Mexico's Sheinbaum signals potential tariff retaliation against Trump’s import duties

Mexico's President Claudia Sheinbaum indicated that Mexico may respond to U.S. tariffs with its own tariffs. This comes after U.S. president-elect Donald Trump threatened a 25% import duty on Mexican goods unless Mexico addresses drug and migrant issues. Sheinbaum stated that retaliatory tariffs could escalate, impacting U.S. businesses, particularly car manufacturers with operations in both countries. She emphasized Mexico's efforts to manage migration but noted a decline in its fight against drug trafficking. Sheinbaum also highlighted the issue of U.S. weapons smuggling into Mexico, framing drug trafficking as a public health problem in the U.S. She expressed willingness to discuss these matters further.