Sheinbaum clarifies call with Trump did not cover tariffs

Mexico's President Claudia Sheinbaum stated she did not discuss tariffs during her call with U.S. President-elect Donald Trump. Trump had threatened a 25% import tax related to issues like illegal migration and fentanyl trafficking. Sheinbaum emphasized that their conversation focused on addressing migration without closing borders. She noted that Mexico aims to foster cooperation between governments and their citizens. Following the call, the Mexican peso strengthened against the dollar. Mexico's Economy Minister expressed skepticism about the likelihood of the proposed tariffs being implemented, citing potential costs for both countries.