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Mexico vows to retaliate Trump’s tariffs

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

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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

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