Home Money & Business Business Mexico indicates plans to implement its own tariffs in response to potential Trump tariffs.

Mexico indicates plans to implement its own tariffs in response to potential Trump tariffs.

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Mexico indicates plans to implement its own tariffs in response to potential Trump tariffs.

MEXICO CITY — President Claudia Sheinbaum has indicated that Mexico may respond with its own tariffs following threats from U.S. President-elect Donald Trump, who has proposed imposing a 25% tariff on Mexican imports unless the nation curbs the flow of drugs and migrants coming across the border.

Sheinbaum expressed her willingness to engage in discussions about the matter, yet she emphasized that the issue of drugs is largely a concern for the United States. “If one tariff is imposed, another would surely follow in retaliation, and this cycle could endanger shared business interests,” she noted, particularly highlighting the impact on U.S. automakers that operate on both sides of the border.

During a press conference on Tuesday, she remarked that Mexico has made significant efforts to manage the influx of migrants, stating that “caravans of migrants no longer reach the border.” Furthermore, she pointed out that Mexico has taken steps to address the flow of narcotics, including the potent synthetic opioid fentanyl, while insisting that the challenges posed by drugs are fundamentally linked to public health and consumption patterns within U.S. society.