Mexico is pushing back against President-elect Donald Trump’s proposed tariffs against it and Canada. Mexico’s president says she’s ready to counter any added fees on Mexican imports.
Trump promised on social media this week to impose heavy tariffs on Mexico and Canada on his first day in office, if the two countries don’t stop the flow of drugs and migrants into the U.S.
At the beginning of her regular morning press conference, Mexico’s President Claudia Sheinbaum read aloud a letter she wrote to Trump. She says she wants the U.S. to cooperate with Mexico, but that the country is ready to push back too if not.
The letter says that “for every tariff, there will be a response in kind.”
Sheinbaum said during the press conference that “everything is on the table,” further suggesting her country could respond to Trump’s tariffs with tariffs of its own.
Plus, she said in her letter that Mexico is not to blame for the U.S. opioid epidemic. She said even though Mexico doesn’t make the guns used by organized crime and isn’t the main consumer of synthetic drugs, it still pays the price of the U.S. drug demand.
Canada and Mexico are the U.S.’ two largest trading partners, and tariffs levied against them could be passed on to consumers in the U.S.
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That will bring the minimum wage in most parts of the country to just over $17 USD per day. In parts of the country near the border with the United States, the new minimum wage will also increase by 13%, to just over $24 USD.
