Mexico’s president said Tuesday the country will respond to the 25% tariffs imposed by the United States with retaliatory tariffs on U.S. goods, with details to come.
Mexico will announce the targeted products and other measures Sunday at an event in Mexico City’s central plaza, a delay that suggests Mexico hopes to de-escalate the trade war set off by U.S. President Donald Trump.
President Claudia Sheinbaum said she and Trump had agreed to have a call this week, most likely Thursday, “so we are going to wait.” Mexico’s government has said since January it had a plan ready for this scenario.
“There is no motive or reason, nor justification that supports this decision that will affect our people and our nations,” Sheinbaum added.
China and Canada responded immediately with measures Tuesday.
Some 80% of Mexico’s exports go to the United States, part of more than $800 billion in trade between the countries last year.
Sheinbaum called “offensive, defamatory and without support” the White House allegations that Mexican drug traffickers persist because of “an intolerable relationship” with the Mexican government. Trump has said he’s targeting Mexico to force it to crack down on migrants and drugs entering the U.S. (AP)
