Mexico braces for U.S. tariffs: Three strategies in place
The President of Mexico, Claudia Sheinbaum, announced that the country has three plans in case a 25% tariff is imposed on Mexican goods by the United States. She emphasized that her government maintains a "cool head." According to the announcements, U.S. President Donald Trump is set to implement the tariffs on Saturday.
White House spokesperson Karoline Leavitt confirmed on Friday that the U.S. will impose 25% tariffs on goods from Mexico and Canada on Saturday. However, she did not answer questions about potential exemptions. It was later announced that the tariffs will also include oil and gas, although the rate will be 10%.
- We will always defend the dignity of our people, respect for our sovereignty and a dialogue as equals without subordination - stated Mexican President Claudia Sheinbaum during a press conference. She added that her country is ready for further negotiations with Donald Trump's administration.
Mexico's plans for tariffs
President Trump justified the imposition of tariffs as a punishment for illegal immigration and the trafficking of fentanyl, a synthetic opioid that causes many deaths in the U.S.
Mexico, Canada, and China are the largest trading partners of the U.S., and the new tariffs could disrupt supply chains in North America, affecting industries such as automotive and raising food and fuel prices.
Mexico, as Sheinbaum emphasized, has prepared three action plans in case of Trump's announced implementation.
Trump threatens trade war
Donald Trump does not intend to stop at Canada and Mexico. He plans to impose 10% tariffs on goods from China. As confirmed by the U.S. President, the European Union is next in line.
Donald Trump reiterated on Friday previously expressed accusations regarding - as he put it - the "horrible treatment" of America by the EU despite American financial contributions to Europe's defense and aid.
