Connect with us

Mexico vows to retaliate Trump’s tariffs

Victorious

Published

on

Follow
FOREIGN NEWS: Mexico vows to retaliate Trump’s tariffs [New Foreign News] » Naijacrawl
Photo: Naijacrawl

Mexican President Claudia Sheinbaum has announced retaliatory tariffs in response to the U.



S. imposing a 25% tariff on all Mexican imports, triggering a major trade dispute between the neighboring countries.

Taking to X (formerly Twitter), Sheinbaum emphasized that while Mexico prefers dialogue over confrontation, the government had no choice but to defend its economic interests.

“I’ve instructed my economy minister to implement our Plan B, which includes tariff and non-tariff measures to protect Mexico,” she stated, without revealing which U.S. products would be targeted.
Sources indicate that Mexico is preparing to impose tariffs ranging from 5% to 20% on key U.S. imports such as pork, cheese, fresh produce, and manufactured steel and aluminum. Economy Minister Marcelo Ebrard condemned the U.S. tariffs as a violation of the U.S.-Mexico-Canada Agreement (USMCA), declaring, “Plan B is underway. We will win.”

The United States is Mexico’s largest trading partner, with U.S. exports to Mexico exceeding $322 billion in 2023, while imports from Mexico totaled over $475 billion, according to Census Bureau data.

The White House justified the tariffs by accusing Mexico of failing to curb fentanyl trafficking and illegal migration—claims Sheinbaum dismissed as baseless slander. She highlighted her administration’s efforts since taking office in October, including seizing 20 million fentanyl doses and arresting over 10,000 individuals linked to drug trafficking.

As tensions rise, all eyes are on the next moves from both sides in this rapidly escalating trade war.

Stay tuned for updates on this developing situation.

Click Here To Comment




Ojo Sunday Victor is a graduate of Ladoke Akintola University of Technology, Ogbomoso, where he earned a Bachelor's degree in Accounting (B.Sc). He is a versatile professional with expertise in content writing, specializing i... Read More

Continue Reading
Click to comment

Be first to comment


Leave a Reply

Your email address will not be published.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

Foreign News

New York Appeal Court Slashes Donald Trump's Bond Payment

Victorious

Published

on

FOREIGN NEWS: New York Appeal Court Slashes Donald Trump's Bond Payment [New Foreign News] » Naijacrawl
Photo: Naijacrawl
In a recent development, a New York Appeal Court has reduced the bond payment for former United States President Donald Trump. Now, Trump is required to pay $175 million within the next 10 days.The decision comes after Trump faced a previous deadline to pay a staggering $464 million bond payment due to civil fraud allegations from New York Attorney General Letitia James.This judgment, originally set for today, was handed down by New York Judge Arthur Engoron followi...
Continue Reading

Foreign News

US Judge Bars President Biden From Reversing Trump’s Law On Eviction Of Immigrants

Victorious

Published

on

FOREIGN NEWS: US Judge Bars President Biden From Reversing Trump’s Law On Eviction Of Immigrants [New Foreign News] » Naijacrawl
Photo: Naijacrawl
Recall that the controversial law was used to evict over a million migrants at the border during Trump's administration.A federal judge has opposed a move by the United States’ President, Joe Biden, to reverse Title 42, an immigration policy put in place by the immediate past president, Donald Trump.Title 42 was established in March 2020 to control the spread of the coronavirus across the country’s border. Under the policy, the US turned away migrants that arrived a...
Continue Reading

Foreign News

Trump's Youngest Daughter gets Engaged To A Nigerian

Piroll

Published

on

FOREIGN NEWS: Trump's Youngest Daughter gets Engaged To A Nigerian [New Foreign News] » Naijacrawl
Photo: Naijacrawl
Though her Dad tenure will be ending officially today while the Biden's lead administration will kick start, however, in order to make her stay at the white house memorable, te youngest daughter of President Trump, Tiffany, has announced Tuesday that she is engaged to her Nigerian boyfriend, Michael Boulos.“It has been an honor to celebrate many milestones, historic occasions and create memories with my family here at the White House, none more special than my engag...
Continue Reading

Latest


Download Naijacrawl App today

Fastest way to read on the go

Download the Naijacrawl App.