Mexico president vows to retaliate with own tariffs against Trump’s tax threat

Claudia Sheinbaum rebukes Trump and says his plan would do nothing to stem flow of migrants or drugs bound for US

Mexico’s president Claudia Sheinbaum has rebuked Donald Trump’s threat to impose steep tariffs on Mexico, arguing the plan would do nothing to halt the flow of migrants or drugs bound for the US border, and vowing that Mexico would hit back with tariffs of its own.

“One tariff would be followed by another in response, and so on until we put at risk common businesses,” Sheinbaum said, warning that tariffs would cause inflation and job losses in both countries. “What sense is there?”

Continue reading...