- cross-posted to:
- worldnews@lemmit.online
- cross-posted to:
- worldnews@lemmit.online
Summary
Mexican President Claudia Sheinbaum announced retaliatory tariffs after the U.S. imposed a 25% tariff on all Mexican goods.
While she emphasized a preference for dialogue, she directed her economy minister to implement countermeasures without specifying targets.
Sources indicate potential tariffs of 5%-20% on U.S. pork, cheese, fresh produce, and metals, but not autos.
Sheinbaum also rejected U.S. allegations of cartel ties and highlighted Mexico’s anti-fentanyl efforts.
I think your understanding of their intelligence is wrong, from what I understand about tariffs I don’t think this will play out how he thinks. Or we both don’t understand economics.