Mexico_Vows_Retaliation_Against_U_S__Tariffs__President_Sheinbaum_Announces

Mexico Vows Retaliation Against U.S. Tariffs, President Sheinbaum Announces

Mexico will retaliate against the tariffs imposed by U.S. President Donald Trump with its own tariffs and other measures, President Claudia Sheinbaum announced on Saturday. 

She also rejected Washington's accusation that her government has an alliance with drug trafficking groups, calling it \"slander.\" 

This comes after U.S. President Trump signed an order imposing tariffs on imports from Mexico, Canada, and the Chinese mainland.

In a lengthy post on X, Sheinbaum stressed that her government does not seek confrontation with its northern neighbor but rather collaboration and dialogue.

\"We categorically reject the White House's slander that the Mexican government has alliances with criminal organizations, as well as any intention of meddling in our territory,\" Sheinbaum wrote.

The Mexican president, who has repeatedly sought to calm tensions with U.S. President Donald Trump, touted her government's record since she took office in October, including seizing 20 million doses of the deadly synthetic opioid fentanyl and detaining over 100,000 individuals linked to drug trafficking.

Canadian Prime Minister Justin Trudeau said on Saturday that Canada would impose 25 percent tariffs on 155 billion Canadian dollars ($106.5 billion) worth of U.S. goods in response to U.S. tariffs. Thirty billion dollars' worth of goods would take effect on Tuesday, while 125 billion dollars would be implemented in 21 days, Trudeau told a news conference.

The unfolding trade tensions have captured global attention, with international markets closely monitoring the developments. Entrepreneurs, investors, and market analysts are particularly keen on understanding the potential impacts on trade and economic trends within the North American region and beyond.

Leave a Reply

Your email address will not be published. Required fields are marked *

Back To Top