In a strong reaction to the tariffs imposed by U.S. President Donald Trump, Mexican President Claudia Sheinbaum announced Mexico's intention to retaliate with its own tariffs and additional measures. Speaking on Saturday, Sheinbaum emphasized that Mexico does not seek confrontation with the United States but is prepared to defend its economic interests.
Sheinbaum also addressed accusations from Washington, categorically rejecting claims that her administration has alliances with drug trafficking groups, labeling such statements as \"slander.\" She highlighted Mexico's efforts under her leadership since October, including seizing 20 million doses of the deadly synthetic opioid fentanyl and detaining over 10,000 individuals linked to drug trafficking.
Meanwhile, Canadian Prime Minister Justin Trudeau announced that Canada would impose a 25 percent tariff on C$155 billion ($106.5 billion) worth of U.S. goods in response to the recent U.S. tariffs. The tariffs are set to affect C$30 billion worth of goods starting Tuesday, with the remaining C$125 billion to follow in 21 days.
The escalation in trade tensions comes after U.S. President Trump signed an order imposing tariffs on imports from Mexico, Canada, and China, aiming to protect American industries. The international community watches closely as these developments have significant implications for global trade dynamics.
Both Mexico and Canada have expressed a desire to maintain open lines of communication and collaboration with the United States, despite the current trade disputes. The situation underscores the interconnectedness of North American economies and the potential ripple effects of such tariff policies on global markets.
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Mexican president says Mexico will retaliate against U.S. tariffs
cgtn.com
