Mexico suggests it would impose its own tariffs to retaliate against any Trump tariffs

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Mexico suggests it would impose its own tariffs to retaliate against any Trump tariffs
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Claudia Sheinbaum responds to Donald Trump’s renewed tariff pledge.

FILE – Newly-sworn in President Claudia Sheinbaum addresses supporters in the Zócalo, Mexico City’s main square, on Oct. 1, 2024. MEXICO CITY — President Claudia Sheinbaum suggested Tuesday that Mexico could retaliate with tariffs of its own, after U.S. President-elect Donald Trump threatened to impose 25% tariffs on Mexican goods if the country doesn’t stop the flow of drugs and migrants across the border.

Sheinbaum also criticized U.S. spending on weapons, saying the money should instead be spent regionally to address the problem of migration. “If a percentage of what the United States spends on war were dedicated to peace and development, that would address the underlying causes of migration,” she said.

Back in late 2018, former President Andrés Manuel López Obrador was a charismatic, old-school politician who developed a chummy relationship with Trump. The two were eventually able to strike a deal in which Mexico helped keep migrants away from the border — and received other countries’ deported migrants — and Trump backed down on the threats.

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