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

  • President Claudia Sheinbaum:"One tariff would be followed by another in response, and so on until we put at risk common businesses. This approach hurts both nations and our shared industries."


  • Economy Minister Marcelo Ebrard:"Mexico will not stand idle. If the U.S. imposes tariffs on our goods, we will have no choice but to respond in kind."


  • Marcelo Ebrard, on economic risks:"These tariffs threaten to disrupt North American supply chains and bring inflation to U.S. households - this is a lose-lose scenario."


  • Claudia Sheinbaum, addressing dialogue:"Mexico remains open to constructive conversations, but threats and unilateral decisions are not the way forward."


  • Trade Analyst, unnamed:"A trade war between the U.S. and Mexico would be devastating, particularly for industries like automotive and agriculture that are deeply interconnected."

November 27, 2024

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