World News | Mexico Suggests It Would Impose Its Own Tariffs to Retaliate Against Any Trump Tariffs
Get latest articles and stories on World at LatestLY. President Claudia Sheinbaum has suggested Mexico could retaliate with tariffs of its own, after US President-elect Donald Trump threatened to impose 25% tariffs on Mexican goods if the country doesn't stop the flow of drugs and migrants across the border.
Mexico City, Nov 26 (AP) President Claudia Sheinbaum has suggested Mexico could retaliate with tariffs of its own, after US President-elect Donald Trump threatened to impose 25% tariffs on Mexican goods if the country doesn't stop the flow of drugs and migrants across the border.
Sheinbaum said she was willing to engage in talks on the issues, but said drugs were a US problem.
Also Read | Wipro Partnership With Marelli Extended for 4 Years To Work on Cloud Transformation.
“One tariff would be followed by another in response, and so on until we put at risk common businesses,” Sheinbaum said, referring to US automakers that have plants on both sides of the border.
She said Tuesday that Mexico had done a lot to stem the flow of migrants, noting “caravans of migrants no longer reach the border”. She also said Mexico had worked to stem the flow of drugs, like the deadly synthetic opioid fentanyl, even though “it is a problem of public health and consumption in your country's society”. (AP)
Also Read | OpenAI Signs 1st MoU With Korea Development Bank To Foster Growth of AI Ecosystem in South Korea.
(This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)